CafeScribe may be just getting off the ground now, but it has the potential to make a big impact on the academic world. The Industry Standard predicts that it will be acquired before October 1, 2009.
There are a number of social networking, publishing, and media industry that would potentially have an interest in this service and its users. Once it gets out of beta and starts to pick up large numbers of users, these companies will take notice and one will make an offer that parent company Fourteen40, Inc., will accept.
The criterion for this prediction coming true is a public announcement of the acquisition before October 1, 2009. This prediction will close approximately one week before the judgement date, or when an announcement is made, whichever comes first. (Note: This prediction is part of The Industry Standard special feature, Opinion: 10 'Net services that will succeed, and 10 that will probably fail. To see the related article, click here. To read the rest of the special feature, and see the many related predictions, click here.)
Current Community Consensus 48%| Betting Closes: | Sep 24 2009 | Current Consensus: | 47.50% | Total Bets: | 3 |
| Today's Change: | 0% | ||||
| Life Time High: | 48.75% | ||||
| Life Time Low: | 46.26% |
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