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Bill Gates: Microsoft would have bought WhatsApp too | |
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| Time: 08:26 EST/13:26 GMT | News Source: The Guardian | Posted By: Robert Stein | ||
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Facebook bought the five-year-old WhatsApp cross-platform text message replacement app, which sends messages via phones’ data connections rather than SMS, for $19bn in February. WhatsApp is Facebook’s biggest acquisition and showed the importance of the drive to mobile from the desktop for the social network. WhatsApp rebuffed a $1bn offer from Google in April last year prior to the social network’s bid. Facebook’s founder Mark Zuckerberg said that WhatsApp was on track to connect 1 billion people which is what made it valuable. | ||
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| #1 By 15406 (209.87.228.155) at 3/19/2014 12:03:56 PM |
| Well duh. Microsoft's standard MO for the past 20 years is to copy what others do, so naturally they say they would have bought WhatsApp. The question is, would they have bought it if Google didn't? |
| #2 By 9589 (159.45.71.11) at 3/20/2014 8:50:32 PM |
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Facebook's acquisition of WhatsApp for 19 billion is the equivalent of Time Warner's purchase of AOL back in the day for 10 billion. The later was a huge waste of money for Time Warner. Facebooks' purchase of WhatsApp will be too. Nevertheless, both Time Warner and ironically AOL both survived. My guess is that Facebook will as well although I don't think WhatsApp will.
Full Disclosure: I own a chunk of Facebook stock and options and have already booked some great profits. |
| #3 By 8556 (173.29.0.102) at 3/20/2014 11:36:27 PM |
| #2: You have the past structured backwards. AOL bought Time-Warner in 2000, not the other way around. http://en.wikipedia.org/wiki/AOL |
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