Facebook Acquires Social Q&A Service Friend.ly — Team To Work On New Things, But Service Will Stay Open

Mg Siegler

MG Siegler is a general partner at Google Ventures and a columnist for TechCrunch, where he has been writing since 2009. Previously, MG was a general partner at CrunchFund. And before TechCrunch, MG covered various technology beats for VentureBeat. Originally from Ohio, MG attended the University of Michigan in Ann Arbor, MI. He’s previously lived in Los Angeles where he worked... → Learn More

Monday, October 10th, 2011
Screen Shot 2011-10-10 at 9.50.34 AM

The acquisitions continue for Facebook. Last week, the social network bought Friend.ly, the social question and answer service, both sides confirm today.

Friend.ly has more details in their blog post here. Meanwhile, Facebook has this to say on the deal:

We’re excited to announce that we recently acquired friend.ly, a Silicon Valley startup that created a really compelling way for people to express themselves and meet others through answering questions. We’ve admired the team’s efforts for some time now, and we’re looking forward to having Ed and his colleagues make a big impact on the way millions of people connect and engage with each other on Facebook.

Of note, the Friend.ly team says that they’ll be working on “new projects” at Facebook. But they also say that Friend.ly will continue to operate as a service. Facebook has a history of acquiring services just for their talent and shutting down old products, but in some cases, like FriendFeed, they’ve allowed them to stay open. It appears that will be happening here as well (Update: Facebook confirms). At least for now.

As Inside Facebook noted back in April, Friend.ly was able to gain a ton of users on top of Facebook’s graph very quickly.

Friend.ly had raised $5 million in funding from Lightspeed Ventures, Balderton Capital, SoftTechVC, and a range of angels.


Company: Facebook
Website: facebook.com
Launch Date: February 1, 2004
IPO: NASDAQ:FB

Facebook is the world’s largest social network, with over 1 billion monthly active users. Facebook was founded by Mark Zuckerberg in February 2004, initially as an exclusive network for Harvard students. It was a huge hit: in 2 weeks, half of the schools in the Boston area began demanding a Facebook network. Zuckerberg immediately recruited his friends Dustin Moskovitz, Chris Hughes, and Eduardo Saverin to help build Facebook, and within four months, Facebook added 30 more college networks. The original...

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