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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."

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  • (Score: 2, Interesting) by carburraetor on Thursday February 20 2014, @01:43PM

    by carburraetor (2221) on Thursday February 20 2014, @01:43PM (#3423) Homepage

    Good for the lucky 55 folks who are part of WhatsApp. Here's a toast to their good fortune. Looks like facebook is looking at running WhatsApp as an independent entity, so a continued chance to keep doing what they are doing.

    As for me, SMS/Text Messaging works just fine, I am not one of the 450M, nor plan on jumping onto any other social messaging service, not matter what the pitch is.

    I build models that rarely hold.
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