Two of the coolest kids in Silicon Valley's startup scene are getting together. AngelList, a popular website for young technology startups to raise capital from wealthy investors, said it's acquiring Product Hunt, a must-read site for many entrepreneurs wanting to keep up with the latest apps.
AngelList Chief Executive Officer Naval Ravikant said the deal involved a combination of cash and stock, but he and Product Hunt founder Ryan Hoover declined to disclose the price or other terms. Ravikant said the tie-up would make AngelList not just a funding site but “the best place to launch products and find early customers.”
