| Acquired by | Binary Digits/Rebel Bits |
| Price | $450 |
| Date | 6/11 |
| Terms | Cash |
| Acquired by | Binary Digits |
| Price | $450 |
| Date | 6/11 |
| Terms | Cash |
| Website | poundwire.com |
| Blog | blog.poundwire.com |
| @poundwire | |
| Category | Communications |
| poundwire@rebelbi... | |
| Employees | 2 |
| Founded | 8/10 |
| Description | Social news and information platform |
PoundWire is a social news network. At PoundWire we believe in the power of the crowd to break news and share information, but the existing platforms to support social news were inefficient.
“Social” is horizontal. It covers a broad cross-section of people. When tied to news, it aids in discovery. News is vertical. It’s driven by topics and creates immersion. So good comprehensive daily news needs to cover both dimensions, but that can get a bit noisy.
PoundWire solves this noise by letting users follow stories, topics, or the sources. The key is using tags to define or refine each of your follows.
