Facebook to buy WhatsApp for $19 billion

Comments (51)
_Ethan_ wrote:

16 BILLION dollars for this silly messaging app?!

Now, get serious!! WOW, that’s stupid!

Feb 19, 2014 5:27pm EST  --  Report as abuse
Mawcuzz wrote:

Wow…. I wonder what this actually will do for Facebook? Feels a bit like when they bought instagram. Just owning things related to Facebook, never integrating them unlike Google. I always scratch my head to why they keep with separate but equal type of m.o.
smh Facebook smh

Feb 19, 2014 5:57pm EST  --  Report as abuse
webtelly wrote:

They are also buying MeetMe (MEET).

Feb 19, 2014 6:35pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT! How’s that for an app.

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

NO COMMENT!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

No Comment!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

No Comment!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

No Comment!

Feb 19, 2014 7:30pm EST  --  Report as abuse
notextsforme wrote:

No Comment!

Feb 19, 2014 7:30pm EST  --  Report as abuse
wbentley10 wrote:

Rumor has it they are also going to buy ‘Proxy’ in the near future.

preview.joinproxy.com

Feb 19, 2014 7:38pm EST  --  Report as abuse
wbentley10 wrote:

They will also buy the iPhone app ‘PROXY’ (preview.joinproxy.com)

Feb 19, 2014 7:39pm EST  --  Report as abuse
codylyleb wrote:

I gotta be one of the first to say, boy did they get ripped off

Feb 19, 2014 7:44pm EST  --  Report as abuse
jimtreacy wrote:

Zuckerberg knows what he’s doing: Lunch With An Emerging Mark Zuckerberg http://huff.to/1gVHAIU via @HuffPostBiz

Feb 19, 2014 7:55pm EST  --  Report as abuse
sjfella wrote:

Don’t care. Don’t use any of that junk.

Feb 19, 2014 7:59pm EST  --  Report as abuse
dd606 wrote:

Zuckerberg is in way over his head at this point. The cool kid factor of FB is quickly diminishing, like anybody with any brains knew it would. He has no original ideas of his own, so he’s buying stuff at inflated values… desperately trying to ride the coattails of anything remotely trendy. He and his people obviously didn’t learn anything from the 90′s. But then, he was only about 9.

Feb 19, 2014 8:21pm EST  --  Report as abuse
Jingan wrote:

CIA network completed.
I closed my account.

Feb 19, 2014 8:22pm EST  --  Report as abuse
Jingan wrote:

When you cannot deliver inventions and subscriber base falls…BUY, BUY, BUY. Nice bubble in forming.

Feb 19, 2014 8:27pm EST  --  Report as abuse
kjames94 wrote:

I use Whatsapp,and it’s pretty awesome. Don’t knock it until you try it.

Feb 19, 2014 8:31pm EST  --  Report as abuse
Ananke wrote:

He is simply transferring investors money into his/his friends hands :). This has been done so many times in human history, it is called “squeezing” the company. The house market bubble was a typical example, just in a larger scale, but the principle is the same. A transfer of wealth while the market allows it. Smart !

Feb 19, 2014 9:04pm EST  --  Report as abuse
Kamron wrote:

Finally, Wastebook has something it can probably use to justify its “lofty” and ridiculous Market Cap value. I still, even with Whatsapp under its belt, fail to see why Facebook is even such hyped. I think it is one of those scams/schemes to make fools and their money part.

But now that Facebook has Whatsapp, we can put aside some of the fears we (sensible people) had regarding FB being able to maintain the value Wall Street placed on it. Let’s see how long it will last because really, Whatsapp is on the way out, the innovator – yes, but being so big will always put you in the sights of many small players in the game and in Whatsapp’s industry there are many, FB should have acquired Whatsapp about 3 years ago when it is not so close to the highest value it will possible ever be. I don’t see this as a good acquisition from a value for money perspective, I see it benefiting FB when they force the 450 million+ whatsapp users to get stupid Facebook accounts to use their service. Not knowing that there are tonnes of other options out there now. BBmessenger has gone cross-platform, there are others from China with there at least 500 million+ cellphone users.

Not a smart move FB if you ask me! Then again, who am I, I am merely a Reuters reader and that’s about it, I am incapable of common-sense and critical analysis.

Feb 19, 2014 10:29pm EST  --  Report as abuse
Kamron wrote:

Finally, Wastebook has something it can probably use to justify its “lofty” and ridiculous Market Cap value. I still, even with Whatsapp under its belt, fail to see why Facebook is even such hyped. I think it is one of those scams/schemes to make fools and their money part.

But now that Facebook has Whatsapp, we can put aside some of the fears we (sensible people) had regarding FB being able to maintain the value Wall Street placed on it. Let’s see how long it will last because really, Whatsapp is on the way out, the innovator – yes, but being so big will always put you in the sights of many small players in the game and in Whatsapp’s industry there are many, FB should have acquired Whatsapp about 3 years ago when it is not so close to the highest value it will possible ever be. I don’t see this as a good acquisition from a value for money perspective, I see it benefiting FB when they force the 450 million+ whatsapp users to get stupid Facebook accounts to use their service. Not knowing that there are tonnes of other options out there now. BBmessenger has gone cross-platform, there are others from China with there at least 500 million+ cellphone users.

Not a smart move FB if you ask me! Then again, who am I, I am merely a Reuters reader and that’s about it, I am incapable of common-sense and critical analysis.

Feb 19, 2014 10:29pm EST  --  Report as abuse
Kamron wrote:

Finally, Wastebook has something it can probably use to justify its “lofty” and ridiculous Market Cap value. I still, even with Whatsapp under its belt, fail to see why Facebook is even such hyped. I think it is one of those scams/schemes to make fools and their money part.

But now that Facebook has Whatsapp, we can put aside some of the fears we (sensible people) had regarding FB being able to maintain the value Wall Street placed on it. Let’s see how long it will last because really, Whatsapp is on the way out, the innovator – yes, but being so big will always put you in the sights of many small players in the game and in Whatsapp’s industry there are many, FB should have acquired Whatsapp about 3 years ago when it is not so close to the highest value it will possible ever be. I don’t see this as a good acquisition from a value for money perspective, I see it benefiting FB when they force the 450 million+ whatsapp users to get stupid Facebook accounts to use their service. Not knowing that there are tonnes of other options out there now. BBmessenger has gone cross-platform, there are others from China with there at least 500 million+ cellphone users.

Not a smart move FB if you ask me! Then again, who am I, I am merely a Reuters reader and that’s about it, I am incapable of common-sense and critical analysis.

Feb 19, 2014 10:29pm EST  --  Report as abuse
Kamron wrote:

Finally, Wastebook has something it can probably use to justify its “lofty” and ridiculous Market Cap value. I still, even with Whatsapp under its belt, fail to see why Facebook is even such hyped. I think it is one of those scams/schemes to make fools and their money part.

But now that Facebook has Whatsapp, we can put aside some of the fears we (sensible people) had regarding FB being able to maintain the value Wall Street placed on it. Let’s see how long it will last because really, Whatsapp is on the way out, the innovator – yes, but being so big will always put you in the sights of many small players in the game and in Whatsapp’s industry there are many, FB should have acquired Whatsapp about 3 years ago when it is not so close to the highest value it will possible ever be. I don’t see this as a good acquisition from a value for money perspective, I see it benefiting FB when they force the 450 million+ whatsapp users to get stupid Facebook accounts to use their service. Not knowing that there are tonnes of other options out there now. BBmessenger has gone cross-platform, there are others from China with there at least 500 million+ cellphone users.

Not a smart move FB if you ask me! Then again, who am I, I am merely a Reuters reader and that’s about it, I am incapable of common-sense and critical analysis.

Feb 19, 2014 10:31pm EST  --  Report as abuse
umedro wrote:

Twitter Monthly Mobile Users – 184MM (240MM total w desktop); Twitter Market Valuation- $20Bn
WhatsApp Monthly Mobile Users – 450MM; WhatsApp Valuation today – $16Bn

Also, when FB CFO mentioned “statistically insignificant” stagnation in teenage daily users, FB market value dropped by ~$15Bn within minutes.

This seems like a pretty good deal for FB!

Feb 20, 2014 2:33am EST  --  Report as abuse
umedro wrote:

Twitter Monthly Mobile Users – 184MM (240MM total w desktop); Twitter Market Valuation- $20Bn
WhatsApp Monthly Mobile Users – 450MM; WhatsApp Valuation today – $16Bn

When FB CFO mentioned “statistically insignificant” stagnation for daily teenage engagement during Q3 call, FB market cap dropped $16Bn within minutes…

Did FB just get a good deal for WhatsApp?

Feb 20, 2014 4:11am EST  --  Report as abuse

As everyone has been saying, there’s a lot of reasons why this is unsurprising. But there’s an intriguing angle to this story that isn’t getting much coverage yet…

http://prospectvisual.blogspot.co.uk/2014/02/facebook-and-whatsapp-theyve-always.html

Feb 20, 2014 5:38am EST  --  Report as abuse

As everyone has been saying, there’s a lot of reasons why this is unsurprising. But there’s an intriguing angle to this story that isn’t getting much coverage yet…

http://prospectvisual.blogspot.co.uk/2014/02/facebook-and-whatsapp-theyve-always.html

Feb 20, 2014 5:38am EST  --  Report as abuse
mertox wrote:

Nice to know that our society has its priorities inline. Why give 16 billion dollars to help people when you can use it to buy an instant messenger.

It astounds me that something like this would be worth any kind of real money and it goes to show has horribly addicted society is becoming to cellular technology.

Cell phones were created as a convenience, but we are letting them run our lives.

Feb 20, 2014 8:16am EST  --  Report as abuse
Armunanto wrote:

Just as Facebook no longer trusted its own photo album when it acquired Instagram, the deal means a huge waste of money.

Feb 20, 2014 8:38am EST  --  Report as abuse
Armunanto wrote:

Just as Facebook no longer trusted its own photo album when it acquired Instagram, the deal means a huge waste of money.

Feb 20, 2014 8:38am EST  --  Report as abuse
ArthurVG wrote:

Every day happier using hushhushapp, secure and independent. My info is not for sale!

Feb 20, 2014 8:40am EST  --  Report as abuse
ArthurVG wrote:

Every day happier using hushhushapp, secure and independent. My info is not for sale!

Feb 20, 2014 8:40am EST  --  Report as abuse
marklawrance wrote:

Amazing news! I thought facebook was already trying to integrate with whatsapp through the peekepeek program

Feb 20, 2014 9:43am EST  --  Report as abuse
marklawrance wrote:

Amazing news! I thought facebook was already trying to integrate with whatsapp through the peekepeek program

Feb 20, 2014 9:44am EST  --  Report as abuse
ftowel wrote:

Niiice, actually this has been posible for a while now, peekepeek iintegrated facebook and whatsapp a while ago

Feb 20, 2014 9:49am EST  --  Report as abuse
sabrefencer wrote:

great news for all those involved…both companies come out better…both companies have been developed from a startup…both companies represent, in business terms, great success stories, employing thousands(jobs)…learn from this OBAMANOMICS…take an “unobstructed” view of this achievement..

Feb 20, 2014 10:13am EST  --  Report as abuse
pjauregui wrote:

Whats up with WhatsApp’s Security? Multiple SSL vulnerabilities found in Facebook’s new $19B mobile app acquisition http://www.praetorian.com/blog/whats-up-with-whatsapps-security-facebook-ssl-vulnerabilities

Feb 20, 2014 7:24pm EST  --  Report as abuse
sara28010 wrote:

I really hope WhatsApp doesn’t start advertising or costing more than 99 cents per year. If that’s the case, I bet it´s extraordinary growth will quickly drop off. Here’s more on the deal: http://bidgrouponeconsulting.wordpress.com/

Feb 21, 2014 5:00am EST  --  Report as abuse
Daryna wrote:

Great news validating real time / OTT communication market and it being disrupted with new technology. No need to be a Cisco / Microsoft / AT&T to build powerful social / business communication technology anymore. There is a number of emerging platforms such as QuickBlox http://quickblox.com/, Twilio, TokBox etc enabling you to build functionality such as WhatsApp / Viber / Skype / FaceTime literally in days. We shall expect to see more success stories from the likes of WhatsApp.

Feb 21, 2014 7:32am EST  --  Report as abuse
Daryna wrote:

Great news validating real time / OTT communication market and it being disrupted with new technology. No need to be a Cisco / Microsoft / AT&T to build powerful social / business communication technology anymore. There is a number of emerging platforms such as QuickBlox http://quickblox.com/, Twilio, TokBox etc enabling you to build functionality such as WhatsApp / Viber / Skype / FaceTime literally in days. We shall expect to see more success stories from the likes of WhatsApp.

Feb 21, 2014 7:32am EST  --  Report as abuse
TristramB wrote:

MONEY LAUNDERING ON A SPECTACULAR SCALE?
The FACEBOOK deal to purchase WhatsApp.

In Hamlet Shakespeare wrote, “”Something is rotten in the state of Denmark.”

Well, something is rotten with the Facebook deal to purchase WhatsApp and its time Federal Investigators start examining what’s really going on here.

Think about this folks. Facebook and its creator (himself now worth $29.7 billion of your dollars) has now bought an app, WhatsApp, for $19 billion. 19 BILLION DOLLARS!!!

I say your dollars because the U.S. economy is like a giant pie. The more money one has, the less there is for everyone else. See how this works here in this great little video. http://www.theatlantic.com/video/index/278807/are-the-rich-getting-too-much-of-the-economic-pie/

Let’s put this figure in perspective. The 2014 proposed budget for the City of San Diego is $2.75 billion. At that rate the $19 billion dollars for WhatsApp will fund San Diego, a city of 1.34 million people, for the next 7 YEARS!

You could buy SONY for $1.4 billion less that Whatsapp! ($17.6 billion market value)

You want to buy a major car company? How about Mazda, Mitsubishi or Peugeot? Why choose! For $19 billion you can nearly buy them all! (Mazda $9.5 billion, Peugeot $3.5 billion, Mitsubishi $6.8 billion.)

Ferrari, said to be the most recognized brand in the world, is estimated to have an IPO value of about $7.5 billion. So you could buy Ferrari and Mazda…companies with actual assets who manufacture tangible products, and still have a couple of billion dollars left over!

Major companies like Aetna and Motorola could be purchased for less money…and they all have assets which this app does not!

You want a hotel chain? How about the biggest in the world, Accor. Accor has a value of $8.4 billion, less than half what this app was purchased for at and look at what you get with Accor….assets! (Accor manages more than 531,000 bedrooms in more than 4,200 hotels across 90 countries. Accor’s portfolio consists of such hotel brands as Sofitel, Pullman, Novotel, Mercure, Suite Novotel, Adagio, ibis Styles, all seasons, Etap Hotel, Formule 1, hotelF1, Studio 6 and Motel 6)

You want to by one of the largest hypermarket chains in the world, CarreFour, with approximately 1,500 stores world-wide and the second largest retail group in the world in terms of revenue just behind Wal-Mart? Well, it’s got about the same market value as what FB is paying for an app.

Even some of America’s biggest and most recognized brands with factories around the globe, such as Ford and GM, are worth barely twice what Facebook is paying….for an app!

Do you know anyone who has been diagnosed with cancer? The National Cancer Institute (NCI) is the Nation’s principal agency for cancer research and coordinates the National Cancer Program. The average budget for cancer research in the United States, for all cancers, averages $4.9 billion per year. This includes research for breast cancer, lymphoma, lung cancer, pancreatic cancer, thyroid cancer, prostate cancer, melanoma, uterine cancer, brain cancer, etc.

FB is paying four times the annual budget for the United States’ investment in research to treat cancer ….on an app! While 8.2 million people die each year from cancer, it is the second leading cause of death in the United States with nearly 600,000 Americans dying each year from cancer.

Good to see our country’s resources so diverted from manufacturing, medical science, research, and development and spent instead on apps and Facebook.

Remember the movie 2012 where the world was coming to an end? Remember how everyone had to get to China to survive…because only the Chinese had the manufacturing prowess to build the vessels necessary to save humanity? Well, at least we can sleep well at night knowing our resources are focused on apps!

Let the Europeans build the cars (VW, Audi, BMW, Porsche, Bentley, Aston Martin, Jaguar, Rolls Royce, Pagani, Ferrari, Maserati, Renault, Peugeot, Volvo) and the Asians build all our TVs, Phones, Cameras, etc. as well as cars (Toyota, Hyundai, Nissan, Mitsubishi, Mazda, Kia, Honda), while we devote our nation’s resources to apps.

Reality check: This amount of money spent makes no sense. Why did FB pay $19 billion for this app? Who were they bidding against? Did their offer top an offer from a Saudi Prince or were there no other competitive bidders at all? Is this money laundering on a massive scale?

Something here is most definitely rotten, no matter how you look at it.

Feb 21, 2014 1:29pm EST  --  Report as abuse
TonniW wrote:

This is A LOT of money. I don’t get it – such a big acquisition in a time when many predict Facebook’s decline and local social networks rise.. I mean, platforms like meetey.com and circle are getting popular, maybe on the expense of Facebook

Feb 22, 2014 12:17pm EST  --  Report as abuse
DamianC wrote:

$16 billion, idiots, if they look in the app store it’s free

Feb 24, 2014 11:46am EST  --  Report as abuse
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