Murdock: Flipboard Turned Down ~$1B Acquisition Bids From Twitter and ByteDance
Jerry Murdock · The AI Bubble WILL Burst | Should we be fearful of Chinese Open-Source | Jerry Murdock · Aug 22, 2026 · at 42:10
Insight Partners co-founder Jerry Murdock reveals historical acquisition bids for portfolio company Flipboard and explains why the board turned them down.
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“They had two bidders going for them at the time. And that was very, very interested in them at around, I'll say within 20% of that number, and, ah, one of them was Twitter, and the other one was TikTok, the founder of ByteDance, and founder just, you know, he got advice from, ah, someone called The Coach, who was pretty famous at the time, they said, hey, don't sell your company, and The Coach was unfortunately passing away, and I think the board bought into The Coach's advice, and they stayed with it, and Now Flipboard, you don't care about it, right?”
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