NowPublic Buys Truemors: Kawasaki Says It's All True

nowpublic.jpg

TechCrunch is reporting that NowPublic has acquired Truemors, a rumor site launched by Guy Kawasaki in May 2007. NowPublic bills itself as a"participatory news site." The startup has raised two rounds of financing. Kawasaki will serve on the company's advisory board as well.

This is one acquisition rumor TechCrunch got right: Guy Kawasaki confirmed it on his blog and Twittered the buyout.

NowPublic is an unusual site to say the least. Besides a story on Sarkozy being behind a break-in, one of the top stories is Top 10 Porn Dreams of Filipino Men.

The terms of the deal aren't being disclosed.