Finance
Six Apart sells LiveJournal for c. $30 million
Speculation has been rife over at TechCrunch but sources close to events (as they say) have confirmed that Six Apart has sold LiveJournal for around $30 million to Russia's SUP.Insiders are said to be happy with their return on a $5 million investment to a market where partners are needed but where the partnering investment was deemed too risky compared to a trade sale.
![dennis-howlett.jpg](https://www.zdnet.com/a/img/resize/ac7a101eb15d12d998f17e56f70fd79528ee3733/2014/07/22/5c632da9-1175-11e4-9732-00505685119a/dennis-howlett.jpg?auto=webp&fit=crop&frame=1&height=192&width=192)
Speculation has been rife over at TechCrunch but sources close to events (as they say) have confirmed that Six Apart has sold LiveJournal for around $30 million to Russia's SUP.
Insiders are said to be happy with their return on a $5 million investment to a market where partners are needed but where the partnering investment was deemed too risky compared to a trade sale.