Wednesday, October 3, 2012

Carsabi founders put site up for sale after being hired by Facebook Inc (NASDAQ:FB)

Founders of Carsabi - a site which offers comparison of used-car prices - have put it up for sale, after Facebook Inc(NASDAQ:FB) hired both of them to work on its platform.

What the two founders, Dwight Crow and Christopher Berner, plan to do for Facebook is as yet shrouded in mystery, but there is no doubt that they are excited about joining the world's No. 1 social networking platform and have no compunctions about selling the venture that they founded in October 2011.

According to a blog posted by them on Carsabi:

"We created Carsabi back in October 2011 with the goal of easing the process of purchasing a used car and providing a service that aims to index every automotive vehicle and connect more users to their car of choice each day."

"But now it’s time for us to take a different turn. We want to take this impact to the next level and help Facebook users connect and share. Because Facebook is not acquiring Carsabi.com, we’re looking for someone to buy the Carsabi service so the two of us can focus on our new jobs. We can’t thank all of you who have used Carsabi enough — developing Carsabi has been an incredibly rewarding experience, and we hope we helped you think differently about how to find the perfect used car!

We want to give special thanks to our partners, customers, and investors for helping us fulfil our dream."

Techcrunch speculated that the two new hires may be put to work on Facebook’s new Gifts feature, where users can actually send each other real gifts now, instead of just wishing one another on birthday and anniversaries.

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