FriendFeed Price Tag Reportedly $47.5 Million in Cash and Stock
More details are emerging around Facebook’s FriendFeed acquisition, which was announced earlier today. While terms of the deal were not announced, Jessica Vascellaro at the WSJ says that Facebook paid about $50 million in cash and stock for the company.
The WSJ says Facebook paid about $15 million in cash and about $32.5 million in Facebook stock (based on the recent $6.5 billion valuation DST put on employee shares) that will vest “over several years.” The vesting schedule is apparently designed to ensure that FriendFeed’s 12 employees, 11 of which are engineers, apply their insights to Facebook’s challenges for a long time to come.
While
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