4 ms·
My guess is it's a talent acquisition.
by dannyr 17y ago
My guess is it's a talent acquisition.
- ivankirigin 17y agoThe tech at FriendFeed is nothing to scoff at.
- jacquesm 17y agohe didn't
- ivankirigin 17y agoYes, saying it is for talent is like saying it isn't for tech.
- jacquesm 17y agoTheir tech is great, but look at who is running that place, it is like buying google at half price time. Really good news, for both parties.
- abossy 17y agoYou know that the talent is what produces the tech, right? Sheesh.
- dmoho 17y agoI think he was saying that the tech, impressive as it is, pales in comparison to the talent.
- sachinag 17y agohttp://www.quantcast.com/friendfeed.com http://www.quantcast.com/friendfeed.com http://siteanalytics.compete.com/friendfeed.com/ http://siteanalytics.compete.com/friendfeed.com/
- run4yourlives 17y agoYeah, no kidding. Does it become a real acquisition when it's really a disguised signing bonus? :-)
- staunch 17y agoAssuming the acquisition was for $20-$40 million+ in stock, that's way outside the signing bonus territory.
- run4yourlives 17y agoFor the man who built gmail and his hand picked team of techs, $20-40 million (less the actual company value) is probably a pretty good deal, especially for a company that really needs to make some cash in the next year or two.
- callmeed 17y agoGeneral questions about "talent acquisitions" ... when it happens, what's to keep the talent from leaving? Is it generally a scenario where the talent wouldn't sell if they didn't want to stay on board–or are there also clauses in the acquisition that actually prevent them from leaving?
- aneesh 17y agoMy understanding is that usually a significant part of the payout is in stock, which will vest over a couple years.
- Herring 17y agoFacebook stock? haha
- run4yourlives 17y agoThe latter. Always. Usually with extra incentive to ensure that you are productive over the period you are there.
- turtle4 17y agoBut how does this work with the non-owning 'talent'? The owners of a company can't force/guarantee that their engineers are going to stay, right?
- drusenko 17y agoVesting. Nearly all startups grant equity options to employees, and these options vest over a certain period of time (usually 4 years). While employment is usually at-will, if you leave, you lose all of your unvested stock (hence, the incentive to stick around).
- run4yourlives 17y agoYou can offer vesting or other stock type transactions to secure loyalty, or it can even be as simple as offering retention bonuses to key staff members. It's not overly complex, and talent would be assessed at individual performance and job function levels.
- Tiktaalik 17y agoIt must be. There's not much interesting about Friendfeed that isn't done easier on Facebook.
- access_denied 17y agoAssuming that this type of information is worth anything, Friendfeed delivers insight into corelations like 'how many FB users also do use SN XYZ regularly', or not?
- deleted 17y ago[deleted]
- danielrhodes 17y agoPartially, but Friendfeed has a lot of technology that Facebook would want. They have a good grasp of real-time and search, they have the full firehose to Twitter (which is not something Twitter would have given to Facebook otherwise -- Google is desperate for such access), and the team of course. I don't think Frienfeed is at the top of its category either, which means that it probably was affordable.
- jonknee 17y agoAccess to Twitter's "full firehose" can easily be turned off, if Twitter doesn't want Facebook to access it they can make that happen instantly.
- danielrhodes 17y agoTrue, depending on the agreement they have in place.
- theoneill 17y agoNot likely. Note the following rather more informed subthread further down the page: http://news.ycombinator.com/item?id=753825 http://news.ycombinator.com/item?id=753825
- deleted 17y ago[deleted]