Dev.SN ♥ developers
Sections
Dev.SN
posted by
Dopefish
on Thursday February 20 2014, @05:00AM
from the when-will-this-darn-bubble-pop-already? dept.
from the when-will-this-darn-bubble-pop-already? dept.
lubricus writes "Facebook announced plans to acquire WhatsApp for four billion cash, plus 12 billion in Facebook shares.
Additionally, WhatsApp employees and founders will receive three billion in restricted stock which will vest in four years. Facebook also agreed to a one billion dollar break up fee.
WhatsApp says they have message volume which approaches the global SMS volume, and hope to have one billion users. Even at those figures, Facebook is paying $16 per user.
I'm guessing WhatsApp will send Snapchat developers a cake."
This discussion has been archived.
No new comments can be posted.
Facebook to Buy WhatsApp for 16 Billion
|
Log In/Create an Account
| Top
| 1000 moderator points
| 79 comments
| Search Discussion
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
I'm not a robot like you. I don't like having disks crammed into me... unless they're Oreos, and then only in the mouth.
-- Fry
(Score: 2, Interesting) by EventH0rizon on Thursday February 20 2014, @06:44AM
> These purchases are symptoms of a bubble
Quite possibly. Or a more sobering thought, since *we* are the product from Facebook's point of view, they are betting that their near-monopoly on our graph data is worth this insane sort of money in the near future.
In a way, I hope you're right, I hope it is a bubble.