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Facebook to buy Whatsapp for $16 billion

Discussion in 'BBS Hangout' started by Air Langhi, Feb 19, 2014.

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  1. Air Langhi

    Air Langhi Contributing Member

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    http://www.reuters.com/article/2014/02/19/us-whatsapp-facebook-idUSBREA1I26B20140219

    Aol screwed up. They had AIM. Whatsapp goes for 16bil?
     
    #1 Air Langhi, Feb 19, 2014
  2. Dei

    Dei Member

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    Does anybody even use WhatsApp?
     
    #2 Dei, Feb 19, 2014
  3. Air Langhi

    Air Langhi Contributing Member

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    Yes a lot of people it has like 400 million users. I use it all the time.
     
    #3 Air Langhi, Feb 19, 2014
  4. geeimsobored

    geeimsobored Member

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    A lot of people do. Particularly people in other countries that dont have unlimited instant messaging (or people who like to message to other countries)
     
    #4 geeimsobored, Feb 19, 2014
  5. TheRealist137

    TheRealist137 Member

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    Great, I am pretty sure people like whatsapp because it is not connected to facebook.
     
    #5 TheRealist137, Feb 19, 2014
  6. fallenphoenix

    fallenphoenix Member

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    i did until i switched to viber and groupme, which are much better last time i checked
     
    #6 fallenphoenix, Feb 19, 2014
  7. JuanValdez

    JuanValdez Member

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    More importantly, has this company ever turned a profit?

    It just strikes me as odd that an app that will probably be gone in a couple of years can be worth more than a company like, say, Fiat, that sells hard assets for real profit. All their users could literally disappear in a year and leave them with nothing to show for it. If people stopped buying Fiats, they'd at least still have factories they could sell.
     
    #7 JuanValdez, Feb 19, 2014
  8. REEKO_HTOWN

    REEKO_HTOWN I'm Rich Biiiiaaatch!

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    Everyone and I mean everyone in Spain uses it since the mobile phone companies don't have unlimited text. I use it all the time to communicate when I'm over there with my phone.
     
    #8 REEKO_HTOWN, Feb 19, 2014
  9. fallenphoenix

    fallenphoenix Member

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    these are the same people who offered $3 billion for Snapchat, which has no monetization at all and is probably a passing fad.
     
    #9 fallenphoenix, Feb 19, 2014
  10. wakkoman

    wakkoman Member

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    zerohedge: Whatsapp is now bigger than Southwest Airlines, Tyson Foods, Ross Stores, Alliance Data, Motorola Solutions or Starwood Hotels
     
    #10 wakkoman, Feb 19, 2014
  11. FLASH21

    FLASH21 Heart O' Champs

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    I do to contact my peeps in Venezuela and Mexico.

    Why does Facebook need the app? Don't they already have it built in with their messaging system?....
     
    #11 FLASH21, Feb 19, 2014
  12. LonghornFan

    LonghornFan Member

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    Instagram sold for 1 billion and this app sells for 16? JFC.
     
    #12 LonghornFan, Feb 19, 2014
  13. Yung-T

    Yung-T Member

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    Seems you US guys undervalue this. I live in Germany and it's as Reeko says, everyone uses this. Same with people in UK I know. Unlimited texting is pretty expensive with our providers, the vast majority uses whatsapp.
     
    #13 Yung-T, Feb 19, 2014
  14. Air Langhi

    Air Langhi Contributing Member

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    Probably time to short the market.
     
    #14 Air Langhi, Feb 19, 2014
  15. SwoLy-D

    SwoLy-D Member

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    They don't need it. They will get all their users to download their instant messenger. It's pocket change for them at 16B. :eek:
     
    #15 SwoLy-D, Feb 19, 2014
  16. pmac

    pmac Member

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    The money will come with so many users. I normally wouldn't say that if it was just some fad but this app is actually very useful. I use it with coworker, friends, and family abroad. I'll admit there are others like it, but the same can be said for Facebook itself.
     
    #16 pmac, Feb 19, 2014
  17. hooroo

    hooroo Member

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    flappy bird pulling 50k / day for what it was is more astounding.
     
    #17 hooroo, Feb 19, 2014
  18. TheMystery008

    TheMystery008 Member

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    If Whatsapp is worth $16 billion, how much is Skype?
     
    #18 TheMystery008, Feb 19, 2014
  19. wakkoman

    wakkoman Member

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    Facebook has a much stronger moat around their business as compared to Whatsapp.
     
    #19 wakkoman, Feb 19, 2014
  20. TheRealist137

    TheRealist137 Member

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    Microsoft purchase Skype for 8.5 billion in 2011.
     
    #20 TheRealist137, Feb 19, 2014
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