Facebook to acquire WhatsApp for $16B in cash and stock. (newsroom.fb.com)
over 9 years ago from Brandon Jacoby, DN Moderator. Writer of code, designer of things.
over 9 years ago from Brandon Jacoby, DN Moderator. Writer of code, designer of things.
Upvote this one, we should promote the original source instead of blogs.
why? blogs don't add interesting opinion or insights into news stories?
Really good article about this here: http://ben-evans.com/benedictevans/2014/2/19/whatsapp-and-19bn
whatsapp employees get to divvy up $3b in restricted stock. there's 45 employees. i'd do the math, but i'm too jealous.
$66,666,666.66
The WhatsApp acquisition was closed by Satan.
Your avatar is so appropriated
Sequoia Capital posted a really great post about the acquisition.
Just incredible.
[edit] you owe me a coke!
Incredible.
[edit] ^ jinx
I guess now they don't have to. Facebook will sell it for them.
I guess it really pays to make a useful product without ads spoiling it
Just a month ago Jan Koum (Founder and chief executive officer of WhatsApp) told that their philosophy is to know as less as possible about their user unlike other social networks, but the Facebook is just the opposite, wants to know everything. http://www.youtube.com/watch?v=WgAtBTpm6Xk#t=676
What will happen in this situation?
I think that Mark Zuckerberg said that they aren't going to change the Whatsapp philosophy
Isn't that always what is said when a company is purchased?
That's true :)
That's what they all say! :)
I've heard this too. Possibly to operate under the same Whatsapp brand too?
It's interesting to see that they aren't a company based in SV or SF.
Santa Clara is as close to "Silicon Valley" as you can get without officially calling it "Silicon Valley".
I wonder what the real price is here. Lot of stipulations and numbers thrown around.
For a company with a one time download fee (0.99) as their only source of revenue, this is an amazing exit. Although i could swear they use to charge $1.99 to download the app prior to their current try/buy model.
They have a subscription model in multiple countries.
Definitely a great way out, I don't think they're doing very well now that there're so many other competitors who offers more functions. Yes they do have a lot of users, but a lot of people are switching over to other apps.
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