WhatsApp(ened)? Facebook Paid $19B for an Instant Messaging Company? Seriously?
That typical exchange? Worth, wait for it, $19 BILLION!
That’s how much Facebook just paid for messaging service WhatsApp. Who app? Exactly!
Crazy stuff huh?
While I’m not personally a user of WhatsApp, apparently 400M+ are using the service. That apparently caught the eye of both Google and Facebook, despite Facebook previously turning one of the co-founders down in a job interview. As Pretty Woman once said, “big mistake, huge!”
Steve Jobs once criticized Dropbox as being a feature, not a product. And, that’s kinda how I see WhatsApp. I certainly can’t see why it would be worth $19B, especially when you consider the company has vowed to never sell ads!
I suspect we’ll see that change pretty soon.