Woot Now In Bed With Amazon
Holy crap! Woot has signed an agreement with Amazon -- yes, the Amazon -- to become an independent subsidiary of the ecommerce colossus. Woot HQ will remain in Carrollton, Texas, and will operate as autonomously as other Amazon companies like Zappos and Audible. More details forthcoming after we pick our eyeballs up off of the floor. Anybody see where Lefty rolled off to?Update at 3:50 p.m.: Woot just posted an update to its acquisition announcement, and, as expected, it's the best press release-slash-internal memo-slash-Q&A in the history of business deals. Writes CEO Matt Rutledge, why, of course Amazon won't tinker with Woot: "Our business model is so vague that there's no way Amazon can possibly change what it is we're truly doing: preparing the way for the rise of the Lava Men in 2012." And: There's video.