Everyone Who Thinks Facebook Is Stupid To Buy WhatsApp For $19 Billion Should Think Again…

Facebook made a breathtaking move yesterday, buying messaging app WhatsApp for $19 billion. Even for Facebook, that’s a staggering amount to pay for a company with estimated 2013 revenue of only $20 million. It represents almost 10% of Facebook’s overall value. And in the wake of the announcement, the usual chorus of armchair pundits took to […]
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