Facebook Buys FriendFeed As Yahoo Misses Its Chance

Posted by Chris OBrien on August 10th, 2009 at 2:43 pm | Categorized as O'Brien, Social Media, Strategy | Tagged as facebook, friendfeed, Yahoo

Facebook just announced it has acquired FriendFeed of Mountain View, a social media aggregator built around a news feed similar to its new owner’s.

I think Yahoo missed a big opportunity here. I had written a couple times that Yahoo should buy FriendFeed and make it the centerpiece of its new homepage.

There was no price disclosed, but I suspect Facebook is mostly buying it for the 12 employees, rather than the technology.

And for the consumers who invested time in FriendFeed, they’ll have to wait and see if their accounts get merged into Facebbok (where most probably already have accounts), or if it just goes down the drain.

2 Responses to “Facebook Buys FriendFeed As Yahoo Misses Its Chance”

Max says:
August 10th, 2009 at 5:26 pm

Rumored to be worth ~$50M transaction, $34M in stock. Nice haul for couple years of work!

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Friendfeed is dead | ReadWriteWeb France:
[...] résume bien la situation : “pour les utilisateurs de Friendfeed qui y ont investit beaucoup de temps, ils devront attendre [...]
--August 10, 2009 @ 4:51 pm

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