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A comment on Facebook, TipJoy, the Deal that Didn’t Happen and the Hire that Did. Parent comment

Re:Facebook, TipJoy, the Deal that Didn’t Happen and the Hir... by GavinB on Saturday August 22, 2009 @02:06PM (#779586)
Presumably they don't get the brand, domain name, existing code base, and access to registered users.

There's probably a lot more to this story than we know--there's no need to jump to conclusions.

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Re:Facebook, TipJoy, the Deal that Didn’t Happen and the Hir... by scorpion032 on Saturday August 22, 2009 @03:24PM (#779692)
> brand name

The founders have themselves said that they have little traction, and 3rd party payment services will not add much value.

> domain name

Doesn't matter, when brand name isn't useful

> Existing code base

Its takes significantly less time to build it the next time.

> Registered users

Facebook has 250 million users! <1% cant matter anyway.

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Re:Facebook, TipJoy, the Deal that Didn’t Happen and the Hir... by GavinB on Saturday August 22, 2009 @04:27PM (#779759)
Right, and that's why no one was interested in buying the company.

Investors own the company, not the employees--even if they are founders.

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Re:Facebook, TipJoy, the Deal that Didn’t Happen and the Hir... by jonknee on Saturday August 22, 2009 @03:20PM (#779686)
I don't think Facebook needs the domain, code or registered users. They liked the idea and obviously the people behind it. But to launch it on a Facebook like scale it would need a rewrite, tons of legal power and probably a new name anyway (even TipJoy learned to not like their name).
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