I have heard this name around in a few places about Parkey, but their website is a simple one pager. Recently I heard that Facebook bought them.
Parakey is the brainchild of Blake Ross and Joe Hewitt who created the
hugely popular Mozilla FireFox web browser. The two men have agreed to join
Facebook to work on that site. Given the impressive resumes, it seems that the
deal was as much about acquiring 2 minds as it was about the Parakey site.
Now it makes more sense that in recent news, the FB Fund. These guys are programmers and understand the spaces and the battles that they went through with powerhouses in the market. This initiative is a huge deal. Being a developer it means a lot when a company comes out and give grants like this. Especially when they are not asking for equity.
My prediction is still that last quarter 2008 will be the next big Social Networking GoldRush. Everyone is predicting resession, the public is already prepared, using Facebook and LinkedIn, and in Down times is when people really focus on network, network, network. This happened in 2000 after the dot com crash and it will happen again now.
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