Google to buy Plaxo — and a new pal — for $200 million?
Owen Thomas · 02/07/08 03:50PM
Plaxo, the contact-sharing service trying to reinvent itself as a social network, may have sold itself to Google for something close to $200 million. And if the rumor's true, I think the companies may be doing it out of friendship. One could bloviate endlessly here about industry consolidation, user-data portability, and so on — and I'm sure you'll read plenty of that. I think the real reason is much simpler. Brad Fitzpatrick, the LiveJournal founder now leading Google's social-network strategy, wants to work with Joseph Smarr, Plaxo's chief platform architect. I sat with the two at lunch at the Web 2.0 Summit last year, and they got along famously.