Facebook to Acquire iLike and Flixster?
Dare Obasanjo has written a post suggesting that Facebook should acquire iLike and Flixster. His argument that iLike and Flixster hold valuable data that Facebook would love access to in order to exploit via their Social Ads system makes sense. Dare also suggests that iLike and Flixster are doing horrible jobs of making user actions monetizable.
While in theory, this make a lot of sense, the real problem is in the numbers. Both iLike and Flixster are looking to exit somewhere in the hundreds of millions of dollars range.
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