Investors' massive windfall from Storyful sale to News Corp

Investors in Dublin-based social news agency Storyful are set for a massive windfall following the sale of the company to News Corp.

22nd December, 2013
Storyful was founded by former RTE journalist Mark Little in 2008. Picture: Feargal Ward

Investors in Dublin-based social news agency Storyful are set for a massive windfall following the sale of the company to News Corp.

A source close to the deal told *The Sunday Business Post* that venture capital firm SOS Ventures, headed by Dragons' Den star Sean O'Sullivan, and angel investor Ray Nolan were set to benefit in the region of $5 million each from News Corp's $25 million acquisition.

Both had made seven figure investments into the company...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago