TripAdvisor Acquires Facebook App Where I’ve Been For $3 Million
Update: We have now confirmed that this deal has not happened and is in the discussion stage only. Inside Facebook pulled the trigger on their post a little too soon.
Where I’ve Been allows users to share where they have been in the world from their Facebook profiles and has approximately 2.3 million users.
Inside Facebook notes that the $3 million purchase price values Where I’ve Been users at around $1.30 each.
The purchase is the first major seven figure acquisition for a dedicated Facebook only application. Where I’ve Been was recently included on the TechCrunch interns list of favorite Facebook apps.