Toronto-based collaborative writing platform Wattpad raises $51M at an estimated ~$398M post-money valuation to expand its tech platform (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch:
Toronto-based collaborative writing platform Wattpad raises $51M at an estimated ~$398M post-money valuation to expand its tech platform  —  Content, as they say, is king — but these days, that may be true only for as long as you can figure out a good business model to deliver it.

from Techmeme http://ift.tt/2DITXt0