{"id":23240,"date":"2012-10-01T13:56:26","date_gmt":"2012-10-01T11:56:26","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=23240"},"modified":"2012-10-01T14:00:09","modified_gmt":"2012-10-01T12:00:09","slug":"secrecy-around-rumoured-springleap-deal","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/internet\/23240\/secrecy-around-rumoured-springleap-deal\/","title":{"rendered":"Secrecy around rumoured Springleap deal"},"content":{"rendered":"<p>Springleap founders, Eran Eyal and Eric Edelstein, are not willing to discuss a rumoured deal which involved Eyal buying out Edelstein\u2019s shares.<\/p>\n<p>Industry rumours suggest that Edelstein sold his Springleap shares, and that he has no involvement in the company any longer.<\/p>\n<p>Edelstein was asked about the deal, but he said that he was not at liberty to disclose any details about the deal, referring all questions to Eyal.<\/p>\n<p>Eyal would also not give details about this issue, simply saying that they are \u201cnot at liberty to confirm such a transaction\u201d.<\/p>\n<p>However, Eyal said that \u201cthere is a huge amount of positivity surrounding Springleap&#8217;s pivot and its success, and yes: there are great changes abound\u201d.<\/p>\n<p>Edelstein and Eyal founded startup Fashion Evolution in 2007, and launched Springleap.com on 20 February 2008.<\/p>\n<p>Eidelstein lists his involvement in Springleap on LinkedIn from January 2006 to August 2011.<\/p>\n<p><strong>Related articles<\/strong><\/p>\n<p><a title=\"Mxit-Motribe deal details\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/22871\/mxit-motribe-deal-details\/\"><strong>Mxit-Motribe deal details<\/strong><\/a><\/p>\n<p><a title=\"Mxit acquires Motribe\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/22808\/mxit-acquires-motribe\/\"><strong>Mxit acquires Motribe<\/strong><\/a><\/p>\n<p><a title=\"Standard Bank and Mxit launch mobile money service\" href=\"http:\/\/businesstech.co.za\/news\/mobile\/20038\/standard-bank-and-mxit-launch-mobile-money-service\/\"><strong>Standard Bank and Mxit launch mobile money service<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/banking\/18678\/the-end-for-debit-and-credit-cards\/\"><strong>The end for debit and credit cards?<\/strong><\/a><\/p>\n<p><a title=\"BusinessTech Article\" href=\"http:\/\/businesstech.co.za\/news\/banking\/15299\/fnbs-ewallet-service-approaches-landmark\/\"><strong>FNB\u2019s eWallet service approaches landmark<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Springleap founders, Eran Eyal and Eric Edelstein, are mum on a rumoured deal where one founder&#8217;s shares were bought out<\/p>\n","protected":false},"author":2,"featured_media":23243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9882],"tags":[1277,4253,26,4252],"class_list":["post-23240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-internet","tag-eran-eyal","tag-eric-edelstein","tag-headline","tag-springleap"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/23240","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=23240"}],"version-history":[{"count":9,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/23240\/revisions"}],"predecessor-version":[{"id":23393,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/23240\/revisions\/23393"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/23243"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=23240"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=23240"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=23240"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}