RABARI's Blog

Rabari Samaj blog

FriendFeed is sold out for nearly $50 million

Posted by mohan desai on ઓગસ્ટ 11, 2009

Today’s hottest news is that now Friendfeed Acquired by Facebook, this is going to big deal.

Now everyone is talking about this deal, and every one want to know that how much price is paid facebook,

According to The Wall Street Journal, Facebook paid nearly $50 million to acquire FriendFeed: $15 million in cash and $32.5 million in Facebook (Facebook) stock. According to the report, the stock part of the deal values Facebook at $6.5 billion – the same valuation that Facebook employees were allowed to sell stock at last month.

Friendfeed Acquired by Facebook

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