With the last rights been given to TipJoy, its co-founder has found a new home as Facebook hired Ivan Kirigin. Reports state that Facebook had earlier shown interest in acquiring TipJoy for around $5 Million before it walked away from the deal. Not sure what the reason was (perhaps it had spent too much on acquiring FriendFeed). As for Kirigin, we aren’t sure what are his responsibilities going to be at Facebook, but at least someone has things settled before the company fell to death.
Tag Archive: tipjoy
After letting its users learn and get tips from their fans, Tipjoy was unsuccessful at finding the right tip to keep itself breathing. The startup announced earlier that it wont be in service any longer and that users who have any balance due on Tipjoy can cash out. The site wasn’t an all out failure and did make progress but I guess that progress alone wasn’t enough to encourage it founders to push it further. It’s always sad to report a demise of any service on the Web, but this one as well has to book a grave in Web-etery (cemetery).
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