Alas, personalized news streaming service / social network aggregator Streamy hasn’t been able to find a buyer willing to pay what the two founders were hoping to get for the assets, so the startup is shutting its awesome Web app down – for now.
In a short notice posted online, Streamy says it plans to “hold” the service and “reinvent it when the time is right”. In the meantime, however, both co-founders of the fledgling company have been forced to go out and look for a slightly steadier job. One has landed at social gaming juggernaut Zynga, the other at social networking juggernaut Facebook.
CEO Don Mosites, for one, is heading to Zynga to work on a “new, special project”. He won’t tell me what it is, but he promises it will be “big”. To be continued, I suppose.
The other co-founder of Streamy, Jonathan Gray, will be joining David Recordon (previously with Six Apart) and Monica Keller (previously with MySpace) and become part of the social networking giant’s open source division.
From what I can gather, Gray will be helping Facebook promote the adoption of projects like HipHop, Cassandra, Tornado, Thrift, and others. He’ll also continue working with HBase, which was the Hadoop-driven data back-end for Streamy.