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This just blew me away. 50 million registered users (1/5th of Facebook and 50x what Friendfeed had when they sold?). Near breakeven with some profitable-looki
by webwright 17y ago
This just blew me away. 50 million registered users (1/5th of Facebook and 50x what Friendfeed had when they sold?). Near breakeven with some profitable-looking features on the horizon. Selling for $20m in the same month where Friendfeed sold for $50m...?
- ivankirigin 17y agoDo we have a solid source on either figure?
- webwright 17y agoNaw, but a few sources are quoting the $20m figure. I know a bunch of guys at iLike, so I will eventually have solid sources. ;-) If the $20m holds, it still seems staggeringly low in light of lots of other exits. 50m users plus near profitable plus team of really talented guys (the iLike guys are pretty top notch and very engineer-centric) seems like it oughta command more than $20m.
- ivankirigin 17y agoIf $20M is correct, it is evidence that your impression of the state of the company could be wrong. I agree with your intuition though.
- mdasen 17y agoI think Friendfeed was more purchased for the people who worked there than for the work that they had put out publicly. Facebook isn't done growing and Friendfeed had some great architects that could and will help with that growth.