As TechDrawl reported over the weekend, A Small Orange's web hosting business has been acquired by Brent Oxley, the founder of Host Gator. A Small Orange founder Tim Dorr is retaining his design business A Small Orange Web Design.
Terms of the deal were not disclosed, but Tim went out plopped down a reservation on a Tesla S. Tim and I had a few conversations about the deal as it was coming together. It's a good deal. My advice, which was the same advice I gave team Twitpay, was to take it. Tim's not going to retire anytime soon but he can pretty much do whatever he wants. Right now that includes focusing on his design business, Ignition Alley (the co-working space he spearheaded) and early stage angel investing.
It's good to see a twenty something do good.