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posted by
Dopefish
on Thursday February 20 2014, @09:00AM
from the when-will-this-darn-bubble-pop-already? dept.
from the when-will-this-darn-bubble-pop-already? dept.
lubricus writes "Facebook announced plans to acquire WhatsApp for four billion cash, plus 12 billion in Facebook shares.
Additionally, WhatsApp employees and founders will receive three billion in restricted stock which will vest in four years. Facebook also agreed to a one billion dollar break up fee.
WhatsApp says they have message volume which approaches the global SMS volume, and hope to have one billion users. Even at those figures, Facebook is paying $16 per user.
I'm guessing WhatsApp will send Snapchat developers a cake."
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Facebook to Buy WhatsApp for 16 Billion
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In success there's a tendency to keep on doing what you were doing.
-- Alan Kay
(Score: 3, Funny) by Non Sequor on Thursday February 20 2014, @11:23AM
You just need a dumb trademark and you'll get an offer of at least $1b. Here are some you could use
namepile
BlogTaco
StackOPics
Diddler
BookBook (you may get the offer as part of the settlement in your trademark violation suit for this one)
Write your congressman. Tell him he sucks.
(Score: 1) by dgoodmaniii on Thursday February 20 2014, @12:36PM
I'll take it! My offer: eleventy billion dollars!