Facebook buys whatsapp
February 20, 2014
When a promising start-up gets sold for 19 bn, it’s clear that something important has changed in the world. I use whatapp myself and it's great, but worth 19 bn?? But before we all shout bubble, it’s worth considering whether there is something more going on.
The amount that Facebook is paying for WhatsApp (which includes up to $3bn of future payments to engineers who choose not to retire immediately to a beach) is more than ten times what Google spent on YouTube. It’s also
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