TECH CRUNCH -- Aug 20 -- Michael Jones sold Userplane, which provides text, voice and video chat software to websites to AOL almost exactly two years ago for around $40m. Now, almost exactly two years later, he's left AOL full time to pursue his next startup: Tsavo. The business model resembles Demand Media, which develops technology in house and has acquired a number of content and ecommerce startups. Tsavo will likely be making acquisitions soon.

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