Facebook Should Acquire This Company Before It's Too Late

Facebook Should Acquire This Company Before It's Too Late

Facebook doesn't supply enough direct value to users. Acquiring privately held Peerby could change that, Fool contributor Tim Beyers says in the following video.

Peerby, in effect, is a local sharing network. Need to borrow a power drill? Post to Peerby and wait for a neighbor to offer you his.

Born out the London cohort of start-up accelerator TechStars, Peerby has some 15,000 members in its home country of The Netherlands. Active communities have also emerged in London, Berlin, Spain, and New York, TechCrunch reports in its interview with co-founder Eelke Boezeman.

Think of them as specialized social networks whereby the goal is to increase the productivity and economic power of everyone involved. An admirable goal, and one that Facebook sorely lacks. A deal could change that, Tim says.

Do you agree? Would you advise Facebook's Mark Zuckerberg to acquire Peerby if you had his ear? Please watch the video to get Tim's full take, and then leave a comment to let us know where you stand.

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The article Facebook Should Acquire This Company Before It's Too Late originally appeared on Fool.com.

Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's Web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends and owns shares of Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Originally published