19 billion |
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4D
Old Croc Joined: 13 November 2008 Location: Winchester Status: Offline Points: 4257 |
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Posted: 20 February 2014 at 4:47pm |
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Are we in the wrong business or what 19 bill between 50 employees.
http://www.extremetech.com/mobile/176960-facebook-acquires-whatsapp-for-19-billion-in-desperate-attempt-to-stave-off-stagnation |
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DMZ. "The bass was intense. Girls were literally running up to stand next to the subs"
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djeddie
Old Croc Joined: 26 April 2004 Location: Bristol Status: Offline Points: 4125 |
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And they turned down a one billion offer from Google last year! If I had anything that someone offered me one billion for (let alone nineteen billion), I would've said yes straight away!
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Chas n Dave : it's like Drum and Bass but with beards. E=mc² ±3dB
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Sheggy
Old Croc Joined: 23 May 2008 Location: London Status: Offline Points: 1989 |
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Only 25% is in cash, the rest shares. A mere 5 bn give or take so nothing to get excited about.
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Tony Wilkes
Old Croc Joined: 02 August 2004 Location: West Midlands Status: Offline Points: 4840 |
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I know that I am an old fart but IMHO this encapsulates a lot of what is facked in modern society. Folks that really enrich society often get very little and then there is this crap.
Tony
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www.forteaudio.eu - BMS - db-Mark Processors - Lexon (SAE)
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app
Old Croc Joined: 26 December 2013 Location: Finland Status: Offline Points: 2435 |
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"what!?"
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snowflake
Old Croc Joined: 29 December 2004 Location: Bristol Status: Offline Points: 3118 |
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the main thing people seemed to like about whatsapp was that it wasn't facebook LOL
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bitSmasher
Old Croc Joined: 23 June 2012 Location: Melbourne Status: Offline Points: 2296 |
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Hah yeah, I'd rather pay for a sleek app like Whatsapp, than deal with Failbook bloat for free
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odc04r
Old Croc Joined: 12 July 2006 Location: Sarfampton Status: Offline Points: 5483 |
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Well it is sort of hard to quantify the amount that whatsapp has enriched the world, it is a hugely popular application used globally. But I do agree that this is silly money. If it's any consolation then Facebook is very likely doing a Yahoo, i.e. buying up anything that they think will make them more relevant again. Edit: Something else I just considered - obviously that much money for an application that is well executed but simple would be silly, but when you consider how many people use whatsapp (hundreds of millions) the cost per user starts to approach a sensible level. It's more about buying access to those people and extending facebook to them than it is purely about the application. Still don't think its a good idea but it makes it a lot more reasonable to understand. Edited by odc04r - 21 February 2014 at 9:47am |
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4D
Old Croc Joined: 13 November 2008 Location: Winchester Status: Offline Points: 4257 |
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I think its the scale that's so incredible, literally billions of people available online.
Communication has become truly global and so has the market for innovative products that enable it. The old hippy in me likes to think it could be a manifestation of the age of Aquarius. |
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DMZ. "The bass was intense. Girls were literally running up to stand next to the subs"
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odc04r
Old Croc Joined: 12 July 2006 Location: Sarfampton Status: Offline Points: 5483 |
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The young cynic in me thinks that it is a shrinking company buying more eyes whilst removing and monetising the competition
But it is true that we live in an amazing time compared to 50 years ago. |
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TENSiON
Registered User Joined: 02 September 2012 Status: Offline Points: 279 |
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app
Old Croc Joined: 26 December 2013 Location: Finland Status: Offline Points: 2435 |
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Kim Dotcom is planning to make a totally secure video communication program.Like skype but secure.Another great nerd from FI.The other being Linus Torvalds.Check this interview!
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"what!?"
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