Facebook acquires Blake Ross and Joe Hewitt's Parakey | Hacker News Reader

Facebook acquires Blake Ross and Joe Hewitt's Parakey

venturebeat.com

30 pointspg16 comments

Thanks for the well wishes, guys! Today was our first day at Facebook and we're excited about all the possibilities (which I'll blog about soon :)

I regret that YCombinator isn't getting more exposure out of the acquisition, since they were a key backer of Parakey.

Is this the first facebook acquisition? They're getting closer to being the new google. All they need now is a good way of monetising..

"All they need now is a good way of monetising.."

Quote of the year.

I have no idea about their finances and how much money they raised and how much they got offered by facebook, but selling out this early before even doing an open beta is a sure way to undersell yourself.

Maybe. Or this was their last chance to get a boatload of pre-IPO priced shares, fully vested... Maybe this acquisition is another sign of a looming IPO filing.

I think Parakey could have become a billion dollar company on its own. Instead, they're getting what will become 50M+ of the hottest closed stock around. Not a bad trade-off, and it will still be enough money to mostly free them from ever having to worry about scarcity again.

By all analyst accounts, Facebook is not the next Google. They have no "real" revenue other than fixed revenue that MS has to give them each year.

Google didn't have any "real" revenue for the first couple of years either...

Facebook's only been around for about 3 years. Give it time.

With these guys at facebook, they might be able to take over the world.

Agreed. Joe and Blake are two of the smartest guys in the field. Crazily productive to boot.

I'm a little surprised by the direction of the acquisition (I would have expected someone bigger than Facebook to be the buyer) but not that one happened quickly. (I predicted that Zenter would not be the last acquisition this year from the WFP07 group.)

And that was when the facebook economy was born.

Congrats guys, that's awesome.

Fantastic!! Congrats, guys...

I am shocked and awed.

Great stuff!

congrats guys!

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