Saturday, October 30, 2010

Facebook acquires file-sharing service Drop.io | The Social - CNET News

Small world…

Facebook's ties to Drop.io run deep. Lessin had attended Harvard University along with Facebook founder Mark Zuckerberg, and David Kirkpatrick's book "The Facebook Effect" describes him as a crucial player in Facebook's early days: "At the end of the (spring 2004) semester, Lessin, whose father was a well-known investor, took Zuckerberg around New York to meet with venture capitalists and executives in the finance and media industries," Kirkpatrick describes on page 41 of the exhaustive Facebook biography.

Lessin had also, sources say, been an instrumental dealmaker in Facebook's acquisition of Hot Potato, a mobile "check-in" service that it bought earlier this year and in which Lessin had been an angel investor. Similarly, Hot Potato had shut down and Shaffer joined Facebook, where earlier this month he unveiled its new Groups product.

Facebook acquires file-sharing service Drop.io | The Social - CNET News

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