This 2 Month Old App Just Sold To Facebook For $100m

This 2 Month Old App Just Sold To Facebook For $100m
Imagine you wrote an app, released it in August, and sold the whole thing to Facebook two months later for a bit less than $100,000,000. Well that's what just happened to new app TBH. With over 5 million downloads, what's TBH all about?

You might have guessed already, TBH stands for "To Be Honest". The idea of TBH is to create a poll, like "Who has the best laugh", and then list a choice of 4 from your contacts. Contacts get to find out how many people voted for them, but they won't know who unless people choose to say who they are. So the idea is to share anonymous compliments, not a new idea but one which has caught the attention of Facebook who already own WhatsApp and Instgram.
TBH says it shares “many of the same core values about connecting people through positive interactions”. Facebook added: “We’re impressed by the way TBH is doing this by using polling and messaging, and with Facebook’s resources TBH can continue to expand and build positive experiences.” Has Facebook just wasted $100m? Only time will tell...

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