Well today Facebook announced that during the night it had aquired FriendFeed for $50 million dollars. This seems like a good fit considering that Facebook have been replicated some of the functions in Friendfeed such as the “like” feature. The main benefit to facebook is not so much friendfeed but the people behind it such as Paul Buchheit, who is responsible for creating Gmail, pioneering some of Google’s early (and incredibly lucrative) advertising products, and coining Google’s “Don’t be evil” motto. Other ex-Googler co-founders include Bret Taylor, Jim Norris, and Sanjeev Singh. The acquisition composed of $15 million in cash and the rest in stock options.
Friendfeed founder Bret Taylor says:
Now we have the opportunity to bring many of the innovations we’ve developed at FriendFeed to Facebook’s 250 million users around the world and to work alongside Facebook’s passionate engineers to create even more ways for you to easily share with your friends online.
FriendFeed.com will continue to operate normally for the time being. We’re still figuring out our longer-term plans for the product with the Facebook team. As usual, we will communicate openly about our plans as they develop — keep an eye on the FriendFeed News group for updates.
Facebook’s statement notes that:
“As part of the agreement, all FriendFeed employees will join Facebook and FriendFeed’s four founders will hold senior roles on Facebook’s engineering and product teams.”
Some people had suggested that FriendFeed’s user growth was dead but according to Hitwise UK, uk traffic to the site had increased 180% in the past 12 months as show by the graph below:
Popularity: 5% [?]
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