Friday, August 20, 2010

Facebook bought Hot Potato

Makes me happy :)

Basically Hot Potato is the main competitor to the company i founded this year and i think we actually have a better product because they had scaling issues (scaling related to content identification and location, not number of users).

The word on the street was they were sold for $10m in FB shares so not a bad retur for the $2.6m in VC funding they took.


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