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February 20, 2015

A Year Later, $19 Billion For WhatsApp Doesn’t Sound So Crazy

Facebook WhatsApp Fox Messaging is the center of mobile. Snapchat is raising at around a $20 billion valuation. And no one cares who owns apps. On February 19th, 2014, we didn’t know any of these things for sure. So when Facebook announced it would pay $19 billion to acquire WhatsApp — an app most American pundits had never used — it seemed ludicrous. Zuck had to be crazy, right?
Wrong.
Without… Read More

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