WhatsApp is well worth $19 billion
One of this week's most astounding stories is Facebook's acquisition of WhatsApp, a mobile messaging service that has more than 450 million monthly active users globally. The $19 billion that Facebook will spend on buying WhatsApp created a collective jaw-drop in the tech world.
Sure, the price tag is getting a lot of buzz -- $19 billion is a historically big number for a venture funded company. But what exactly is Facebook getting out of it?
A company just a few years old with less than a billion dollars in revenue and a service that is nearly (but not quite) free.… Seguir leyendo »