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Venture Capital

AngelList Buys Product Hunt, a Marriage of Two Beloved Silicon Valley Sites

A popular startup fundraising platform joins forces with a must-read tech site among entrepreneurs.
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Product Hunt Founder: Why We Sold to AngelList

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.”