Mar 11, 2013 113 reads by Navneet Kaushal

Facebook has recently acquired Storylane a comparatively young social website build around sharing stories. The price of acquisition is not yet know.

Storylane informed about the acquisition on Friday in a blogpost stating that their teams will be joining Facebook. Storylane's Jonathan Gheller stated that, “ After a lot of discussions with Facebook about how our teams might work together to have even greater impact, we are announcing today that the Storylane team will be joining Facebook.”

Facebook Acquires Blogging Site Storylane!

The purpose of StoryLane is to encourage the users to share meaningful stories and incidents from their own lives. It was launched in October. For people who have shared stories on StoryLane, they will be provided with a tool to enable them to migrate the posts on other websites. Gheller also confirmed that Facebook will not be getting the Storylane's data or operations along with the acquisition.

The following is the complete announcement by Jonathan Gheller:

Two years ago the team behind Storylane began working to help people connect in more fruitful and meaningful ways. We took on a mission – trying to help people better communicate who they are and what they care about, improve the way we do business with each other, find love and make new friendships. And at the heart of this work has always been our drive to build a more genuine online identity.

After a lot of discussions with Facebook about how our teams might work together to have even greater impact, we are announcing today that the Storylane team will be joining Facebook.

This is an exciting opportunity. Facebook’s mission of connecting the world has always been at the center of our work, and like our friends at Facebook, meaningful connections are what our team is most passionate about.

The beautiful stories you have decided to share with us are yours to keep and share in however way you want. We are building tools that will help you migrate the content to other services if you so desire. I will be in touch with you about those specific tools later, but I can confirm that Facebook is not acquiring any of your data; and we’re working to make sure you can migrate your content in a manageable way.

We want to give special thanks to our investors who supported us and encouraged us to dream big. It has been an absolute honor to work alongside such an outstanding group of people. Our journey as a young company was made possible by their commitment and patience. Without their guidance we would not be in a position to further our mission through Facebook.

Most of all, I want to thank our users. Your passion, sincerity and willingness to share, has made Storylane the incredible experience that exists today. We have learned so much from you. Your ideas and creativity will stay with us and inspire us on the next stage of our journey.

Facebook Acquires Blogging Site Storylane!, 5.0 out of 5 based on 1 rating
Navneet Kaushal

Navneet Kaushal

Navneet Kaushal is the founder and CEO of PageTraffic, an SEO Agency in India with offices in Chicago, Mumbai and London. A leading search strategist, Navneet helps clients maintain an edge in search engines and the online media. Navneet's expertise has established PageTraffic as one of the most awarded and successful search marketing agencies.
Navneet Kaushal
Navneet Kaushal
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