Slash Boxes

SoylentNews is people

SoylentNews is powered by your submissions, so send in your scoop. Only 17 submissions in the queue.
posted by Dopefish on Thursday February 20 2014, @09:00AM   Printer-friendly
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."

This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (Score: 5, Interesting) by linsane on Thursday February 20 2014, @11:35AM

    by linsane (633) on Thursday February 20 2014, @11:35AM (#3359)

    Having spent a deal of time in the Middle East, its amazing how embedded WhatsApp is in both personal lives and business there, I'm sure this is the same elsewhere too but not currently the case back home where 'traditional' email / phone / mobile continues to be very much the norm for work.

    While the total figure may be bubbly, the cash sum that is involved is the metric that is of considerable interest and, as with other biggies like the Instagram deal, is the bit that can't be unwound or devalued if / when a bubble goes pop.

    Speaking of which: Popcorn anyone?

    Starting Score:    1  point
    Moderation   +4  
       Interesting=3, Informative=1, Total=4
    Extra 'Interesting' Modifier   0  

    Total Score:   5