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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."
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Facebook to Buy WhatsApp for 16 Billion
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(Score: 5, Interesting) by linsane on Thursday February 20 2014, @07:35AM
Having spent a deal of time in the Middle East, its amazing how embedded WhatsApp is in both personal lives and business there, I'm sure this is the same elsewhere too but not currently the case back home where 'traditional' email / phone / mobile continues to be very much the norm for work.
While the total figure may be bubbly, the cash sum that is involved is the metric that is of considerable interest and, as with other biggies like the Instagram deal, is the bit that can't be unwound or devalued if / when a bubble goes pop.
Speaking of which: Popcorn anyone?