Exit This Way
Another sexy startup has made it across the finish line, following in the fleet footsteps of Instagram. AllThingsD reports that the reservations platform OpenTable has shelled out $10 million to purchase Foodspotting. It ain’t a billion dollars, but it’s not too shabby given that the photo-based recommendations startup had raised $3.75 million in its three years of life.
Less than a year after Foodspotting cofounder Soraya Darabi stepped down from her day-to-day role, the company has lost another prominent representative of the brand. Last month, Amy Cao, head of community and social media at the food guide, opted out of the startup for the freelance life.
Ms. Cao, the consumate foodie behind sites like Amy Blogs Chow and Stupidly Simple Snacks, was very much a public face for the startup–so much so that the tipster who told us she left mistook Ms. Cao for one of the startup’s cofounders. Ms. Cao did not respond to a request for comment from Betabeat. But according to her LinkedIn profile, she is now freelance social media and community director for startups like Levo League and Consmr, which demo’d at last night’s New York Tech Meetup.