Twitter Acquires The Famous Chat App Sphere

Twitter buys a chatting app from serial entrepreneur, who sold his first startup to Yahoo at age 17

Twitter announced the acquisition of a chat application called Sphere, co-founded by British serial entrepreneur Nick Daloisio, and Nick Caldwell, Vice President of Engineering at Twitter, announced the deal via the company’s account on its social networking site.

The Sphere project started in 2016 as a live Q&A app that included a micropayment system before becoming a group chat app, and between 2017 and 2019, the project raised $30 million from investors that included Index Ventures, Airbnb co-founder Brian Chesky, and Tinder co-founder Sean Rad and Sequoia financier Mike Moretz are reported to have 500,000 users of the first version of the Sphere app, but D’Aloisio declined to comment on user numbers at this time.

Terms of the deal were not disclosed, but in its announcement it was stated that about 20 Sphere employees would move to work at Twitter, and D’Aloysio said everyone is happy with the deal and his team will work alongside Twitter employees to try to convey the “vision” they had in Sphere and integrate it into Twitter’s diverse business.

Notably, D’Aloysio sold his first startup, a mobile news app called Summly, to Yahoo for $30 million in 2013 when he was just 17 years old. He spent two-and-a-half years as a product manager at Yahoo before becoming a “residential entrepreneur” at Airbnb, where he worked with Chesky, and founded Sphere while studying computer science and philosophy at Oxford, where he met co-founder Thomas Hallgas.

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