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Facebook hires Drop.io’s Sam Lessin, calls it an acquisition
- rmah 16y agoThe article says that Facebook is shutting down drop.io and hiring the founder. The terms aren't revealed but I find this very odd since drop.io has raised nearly $8 mil so far. Anyone have any additional info?
- chadp 16y agocrunchbase says they raised almost 10MM. So what do you think facebook paid them? 15MM? 20MM? More?
- cperciva 16y agoI'd guess less. This sounds to me like a "company is dying, founder starts looking for a job, facebook throws a few dollars in the direction of the VCs to make sure they don't cause any fuss" scenario.