Pownce pounced

News is that Six Apart have bought up Pownce in order to close it down. Chris Nuttall in the FT cites a Friendfeed commentator stating that Pownce CEO Kevin Rose was spending more time on Twitter than his own product:

“That’s like the CEO of Pepsi being seen drinking Coke, if you can’t stand behind your product, how do you expect us to?”

What’s going to be interesting is how many of these small 2.0 companies get Crunched up by their bigger rivals never to see the light of day again…

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