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Wednesday, April 27, 2011
Facebook Acq-hires Data Organization Startup Daytum
Facebook has just made a talent acquisition out of Daytum, a two-person New York-based data collection and organization startup. Founders Ryan Case and Nicholas Felton will be joining the product design team at Facebook. Facebook has a particularly aggressive talent acquisition strategy, snapping up small companies for engineering talent over technology. Daytum marks its fifth purchase this year after Snaptu, Rel8tion, Pursuit and Beluga. Of the latter four, Snaptu was probably the largest buy at an estimated $60 ? $70 million.
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