Coss Posted February 20, 2014 Report Share Posted February 20, 2014 Faaark!, another good service going go go down the gurgler... Facebook is buying mobile messaging service WhatsApp for $US19 billion in cash and stock, by far the company's largest acquisition and bigger than any that Google, Microsoft or Apple have ever done. The world's biggest social networking company said today that it is paying $12 billion in Facebook stock and $4 billion in cash for WhatsApp. In addition, the app's founders and employees - 55 in all - will be granted restricted stock worth $3 billion that will vest over four years after the deal closes. The deal translates to roughly 9 per cent of Facebook's market value. In comparison, Google's biggest deal, Motorola Mobility, stood at $12.5 billion, while Microsoft's largest was Skype at $8.5 billion. Apple, meanwhile, has never done a deal above $1 billion. Link to comment Share on other sites More sharing options...
khunsanuk Posted February 20, 2014 Report Share Posted February 20, 2014 Hi, "the app's founders and employees - 55 in all - will be granted restricted stock worth $3 billion" Likely some VERY happy employees at Whatsapp. Sanuk! Link to comment Share on other sites More sharing options...
bust Posted February 20, 2014 Report Share Posted February 20, 2014 I don't get it. How are these company worth so much when I don't know anyone who spends a cent with any of them Link to comment Share on other sites More sharing options...
khunsanuk Posted February 20, 2014 Report Share Posted February 20, 2014 Hi, Advertising? Data mining? Sanuk! Link to comment Share on other sites More sharing options...
bust Posted February 20, 2014 Report Share Posted February 20, 2014 I know there is some value in advertising but $19 Billion? No farken way. Link to comment Share on other sites More sharing options...
WorldFun Posted February 20, 2014 Report Share Posted February 20, 2014 asset bubbles. a popular way to bring 'wealth' into this modern world try looking at san francisco aka google & twitter etc sell no product, but pretty much rules millionaire row or the entire city/north part of the state Link to comment Share on other sites More sharing options...
cavanami Posted February 20, 2014 Report Share Posted February 20, 2014 KS is sitting by his phone, waiting for the billion dollar call... Link to comment Share on other sites More sharing options...
Coss Posted February 20, 2014 Author Report Share Posted February 20, 2014 Zuckerberg is playing with monopoly money, he's been trying to get into messaging, tried to get snapchat and failed, if he didn't get whatsapp, I'd think whatsapp would wipe the floor with him in a few years. Now someone else has to develop a new way to communicate that doesn't involve all our data belong him. Link to comment Share on other sites More sharing options...
Plainsdrifter Posted February 20, 2014 Report Share Posted February 20, 2014 Ironically, one of the founders of Whatsapp applied for a job at Facebook three years ago. He was rejected as not having what it took to work at Facebook. Link to comment Share on other sites More sharing options...
Pom Michael Posted February 20, 2014 Report Share Posted February 20, 2014 Someone should tell them that WhatsApp is old news - the new (at least newer) app is Line. Link to comment Share on other sites More sharing options...
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