How much did Facebook pay for FriendFeed, a start-up that lets users share links and status updates online? Just shy of $50 million, according to
The Wall Street Journal, citing people
familiar with the deal. To be exact, the company paid roughly $15 million in cash, with the rest in Facebook stock that vests over several years and would be worth roughly $32.5 million based on the
$6.5 billion common valuation.
Read the whole story at The Wall Street Journal »
