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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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A government that is big enough to give you all you want is big enough
to take it all away.
-- Barry Goldwater
(Score: 1) by maxwell demon on Thursday February 20 2014, @10:38PM
Of course that only works if you have a running computer connected to the internet on which you have sufficient rights to ssh in (and a router that is configured to allow it). I can imagine a lot of teens don't have that (they probably have a computer, but they may not be allowed to have it running and connected to the internet while away from home; not to mention that the majority would not have the slightest idea of how to set up an ssh server anyway).
The Tao of math: The numbers you can count are not the real numbers.