I was aware of that, I was hoping for some "word on the street" type of information.

When private companies buy other private companies it's often equity-only. Here it's trickier because Next Jump is older and also gearing up for an IPO. It could be cash, or it could be very attractive equity. It doesn't seem like it'd have been a fire sale.

http://techcrunch.com/2010/12/22/confirmed-motorola-mobility... http://techcrunch.com/2011/01/05/yousendit-buys-email-collab... http://techcrunch.com/2011/01/10/next-jump-acquires-flightca...

Third exit by Tandem Entrepreneurs in less than a month -- ZumoDrive, Attassa, and now FlightCaster. All for undisclosed terms.

At first I thought tomtc meant that ex-Tandem computers folks had been part of these startups, But he is talking about http://www.tandementrepreneurs.com/

sherpalo http://www.sherpalo.com/ has invested in these companies too.

Good catch:Ram Shiram, the prime mover behind Sherpalo, is also on the board of directors at NextJump.