Jump to content




Photo

FaceBook To Buy WhatsApp for $19 Billion


  • Please log in to reply
11 replies to this topic

#1 David

David

    Hall Of Fame

  • 9,044 posts
  • Joined: Dec 10, 2010

Posted February 19, 2014 - 03:00 PM

NEW YORK (AP) -- Facebook is buying mobile messaging service WhatsApp for up to $19 billion in cash and stock, by far the company's largest acquisition.

 

The world's biggest social networking company said Wednesday that it is paying $12 billion in Facebook stock and $4 billion in cash for WhatsApp. In addition, the app's founders and employees will be granted $3 billion in restricted stock that will vest over four years after the deal closes.

Facebook says it is keeping WhatsApp as a separate service, just as it did with Instagram, which it bought for about $715.3 million.

 

WhatsApp has more than 450 million monthly active users. In comparison, Twitter had 241 million users at the end of 2014.

Facebook CEO Mark Zuckerberg says WhatsApp is on path to reach a billion users.

 


KOBE. #VINO. BRYANT.


#2 bigfetz

bigfetz

    Laker Fan

  • 16,530 posts
  • Joined: Dec 20, 2011
  • Fan Since:2005

Posted February 19, 2014 - 04:42 PM

When did companies start buying these companies who don't even make profit, for ridiculous amounts of money? 



#3 bigvee

bigvee

    Hall Of Fame

  • 8,579 posts
  • Joined: Jul 05, 2009
  • Location:LA
  • Fav. Laker:Samaki Walker

Posted February 19, 2014 - 05:09 PM

When did companies start buying these companies who don't even make profit, for ridiculous amounts of money? 

 

Who said they don't make profit?



#4 David

David

    Hall Of Fame

  • 9,044 posts
  • Joined: Dec 10, 2010

Posted February 19, 2014 - 05:15 PM

When did companies start buying these companies who don't even make profit, for ridiculous amounts of money? 

It's not how much they are making, it is all about potential. WhatsApp has 450 million active members. They have 1 million new members PER DAY. Although though it may not be insanely popular here in the United States, it is the main texting platform for international countries. It has passed SMS for international use, as normal SMS is expensive in many countries. Facebook failed to take the charge in 2009 when WhatsApp was launched. WhatsApp focused on one platform - Messaging. There are no gimmicks in the app. Best part? No Ads. WhatsApp does cost $0.99 a year, and your first year is free. Look at the chart below that shows how WhatsApp has exploded:

fbwhatsappchart.png

 

I wonder what Facebook is going to do with WhatsApp though. With all the privacy reviews, especially with the NSA, things just got worse as they got their hands on 450 million active users.  Facebook is turning into a monopoly in my opinion. I would not be surprised in 10 years if they start charging a subscription plan such as $0.99 a month instead of a year. That is $450 million more in monthly revenue than before.


KOBE. #VINO. BRYANT.


#5 David

David

    Hall Of Fame

  • 9,044 posts
  • Joined: Dec 10, 2010

Posted February 19, 2014 - 05:16 PM

Bg31kqVCIAAzPB5.png


KOBE. #VINO. BRYANT.


#6 David

David

    Hall Of Fame

  • 9,044 posts
  • Joined: Dec 10, 2010

Posted February 19, 2014 - 05:18 PM

It's just crazy how this company is so small (50 employees) and it only needed $8 million to expand, and now, 5 years later, it is sold for $19 billion. Just wow.


KOBE. #VINO. BRYANT.


#7 Twenty_Four

Twenty_Four

    Rookie

  • 246 posts
  • Joined: May 05, 2011
  • Location:Canada
  • Fav. Laker:black mamba

Posted February 19, 2014 - 07:19 PM

facebook will soon run the world...oh wait !? 


Posted Image


#8 Draztik

Draztik

    Illmatic

  • 8,166 posts
  • Joined: Jul 08, 2009
  • Fan Since:1986 - Birth!
  • Fav. Laker:Kobe, Gasol, Artest

Posted February 19, 2014 - 08:28 PM

Facebook Messenger app is great and this will further it's user base while removing some competition.


21lsbya.jpg
Peep my music at my youtube page here: MUSIC!


#9 bfc1125roy

bfc1125roy

    Superstar

  • 4,029 posts
  • Joined: Dec 10, 2011
  • Fan Since:2004
  • Fav. Laker:Kobe Bryant

Posted February 19, 2014 - 08:39 PM

They paid $35 per customer when they only get a dollar a year of revenue per customer. FB either really believes in the growth of Whatsapp or they are just [expletive] scared of any competition -- like with Instagram and Snapchat. 



#10 Draztik

Draztik

    Illmatic

  • 8,166 posts
  • Joined: Jul 08, 2009
  • Fan Since:1986 - Birth!
  • Fav. Laker:Kobe, Gasol, Artest

Posted February 20, 2014 - 08:45 AM

Google offered $10 billion as well



21lsbya.jpg
Peep my music at my youtube page here: MUSIC!


#11 LakersFanatic

LakersFanatic

    Rookie

  • 899 posts
  • Joined: Jul 10, 2012
  • Fan Since:2000
  • Fav. Laker:Kobe

Posted March 04, 2014 - 08:08 PM

It's hard to say who will own the world... Google, or Facebook?

#12 LakeShow805

LakeShow805

    Superstar

  • 7,418 posts
  • Joined: Jun 13, 2011
  • Location:Cali
  • Name:Tyler
  • Fan Since:2000
  • Fav. Laker:The mamba

Posted March 17, 2014 - 04:23 PM

It's hard to say who will own the world... Google, or Facebook?

Google > Facebook






1 user(s) are reading this topic

0 members, 1 guests, 0 anonymous users