Facebook's Engineer-Recruiter Effort Helps Land Another Acquisition: Walletin
Facebook has acquired stealth startup Walletin and hired its founders Cory Ondrejka and Bruce Rogers. Ondrejka was the first chief technology officer of Linden Lab, developers of Second Life. Unlike the social network’s recent purchases of Divvyshot, ShareGrove, and Hot Potato which were explicitly talent acquisitions, Facebook has stated that it “reached an agreement to acquire the assets of Walletin”, meaning the secret product the duo was working on could be integrated into Facebook.
In a post to his personal blog, Ondrejka explains the circumstance in which they accepted Facebook’s undisclosed offer:
“When we met with Facebook…we
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in