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Saturday, March 1, 2014

1..2..3.. WHATSAPP SOLD TO FACEBOOK

1..2..3.. WHATSAPP SOLD TO FACEBOOK


 


                    OMG!!  Whatsapp what happened?so whatsapp ythe all time favourite messaging app 
is been sold to none other than Facebook. It was bought by the giant for a whooping 19 BILLION $ .The transaction involves $4 billion in cash, $12 billion in stock and $3 billion in restricted stock that vests over several years.This far the biggest  deal ever done by any company.
                       
                          Founded by a Ukrainian immigrant who dropped out of college, Jan Koum, and a Stanford alumnus, Brian Acton, WhatsApp is a Silicon Valley startup fairy tale, rocketing to 450 million users in five years and adding another million daily.
                                         Zuckerberg said that," it would help them towards growth and mobile (smartphone ) in future".
                  
PRICE TAG
                             Seems to me that it was overpriced as facebook bought instagram for 1 billion$
and even Japanese e-commerce giant Rakuten just bought messaging service Viber for $3 per user, in a $900 million deal

                   SO WHAT DO YOU THINK HAS FACEBOOK JUST PAID TOO MUCH????   
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