Details are still coming in so we don’t know what facebook is going to DO with Gowalla but its thought that they will probably shut it down and move the employees onto facebook projects.
Were you a gowalla user? Do you use foursquare? Why do you use or not use these?
Full CNN Story:
http://money.cnn.com/2011/12/02/technology/gowallafacebook/index.htm?iidHPLN
Facebook has acquired location sharing service Gowalla for an undisclosed sum according to a source close to Gowalla.
Facebook declined to comment on the deal.
“We don’t comment on rumor and speculation” a company spokesman said.
Most of Gowalla’s employees including founder Josh Williams will move to Facebook’s offices in Palo Alto. The team will work on Facebook’s Timeline feature which launched at this year’s F8 conference and is gradually rolling out to Facebook’s 800 million members.
Launched in 2009 Austin-based Gowalla went head-to-head with direct rival Foursquare — and lost. Badly trailing Foursquare in user adoption Gowalla recently shifted directions recasting itself as a travel guide. The site had raised around $10 million over the years from backers including the Founders Fund Greylock Partners and a collection of angel investors.
Shoutout to maddiepost1 too 🙂
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