Twitter appeared to have made its first acquisition deal under Elon Musk, reportedly buying Laskie, a job-matching tech startup.
The transaction could help fulfil the billionaire’s aspirations to turn Twitter into a ‘super-app’, that offers users multiple functions, including payments, Axios reported.
This is Twitter’s first known acquisition under Musk’s leadership, the report said. Founded in 2021, the San Francisco-based Laskie has focused on recruiting.
Founder and CEO Chris Bakke previously sold another startup to the online job board Indeed.
The report said Laskie’s website now says the service is ‘no longer available’.
Laskie raised $6 million in total funding, as per PitchBook.
Twitter is paying in cash and stock, the Axios report said, citing an unnamed source.
While the exact price couldn’t be learned, the source said it was in the “tens of millions.”
Axios said Twitter did not immediately respond to Axios’ request for comment beyond its standard automated reply.
On Friday, Musk announced the hiring of NBCUniversal executive Linda Yaccarino as the social network’s new CEO.
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