TechCrunch buys InviteShare for $25,000
And odds are they will, now that TechCrunch is involved. The technology blog frequently writes about invitation-only online communities and services, many of which we could see added to the InviteShare pool.
Does this all sort of defeat the purpose of private beta tests where a limited number of individuals gets to test out a new product? Maybe. But the folks most likely to use InviteShare are the same folks most likely to be good beta testers; geeky and enthusiastic about new services.
TechCrunch's Mike Arrington says the site had been planning to create an invitation swapping service of its own when InviteShare launched. After writing a positive review of the site, Arrington admits that he may have driven up the value of the site his company eventually purchased.