Twitter has reportedly made its first acquisition deal under the leadership of Elon Musk, with the purchase of job-matching tech startup Laskie. This move aligns with Musk’s vision of transforming Twitter into a comprehensive “super-app” that offers users various functionalities, including payments. The acquisition aims to enhance Twitter’s capabilities in the recruitment space.
Laskie, based in San Francisco and founded in 2021, had focused on building a platform for job seekers and employers. The company’s website now states that its services are no longer available, indicating the completion of the acquisition. Laskie’s founder and CEO, Chris Bakke, has prior experience selling a startup to the online job board Indeed.
While the specific financial details of the acquisition have not been disclosed, sources suggest that Twitter paid a combination of cash and stock in the “tens of millions” range. This marks Twitter’s first known acquisition since Elon Musk assumed leadership of the company.
Earlier this week, Musk also announced the hiring of Linda Yaccarino, a former NBCUniversal executive, as the new CEO of Twitter. These recent developments indicate Musk’s commitment to reinvigorating and expanding the capabilities of the social media platform.
Twitter has yet to provide further comment on the acquisition beyond its standard automated reply. With Musk’s ambitious plans for Twitter’s transformation, users can anticipate further updates and advancements in the near future.
