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The evidence against TripAdvisor's reported $3 million acquisition of Facebook app Where I've Been is mounting. Michael Dalesandro, a partner in the Where I've Been service, just mailed us with an official statement which denies an acquisition is taking place. It's far less ambiguous than TripAdvisor's statement earlier:
There have been some rumors in the market that we have sold our business. These rumors are not true. Our future development plans, combined with our robust community of users, current growth rates, and the attractiveness of the travel vertical, have led to a number of strategic discussions with potential partners/acquirers, but we have not agreed to any deals and we are committed to building Where I've Been into a sustainable and profitable standalone business. We are, however, exploring all avenues to maximize the value and usefulness of our product for our user base and we expect to announce new product features/enhancements, from both internal development and through strategic business partnerships, in the weeks and months ahead.