FlyerTalk Forums - View Single Post - Thoughts about my free iphone app - WhatsApp
Old Feb 22, 14, 4:20 pm
Join Date: Oct 2009
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Originally Posted by mudd_stuffin View Post
Facebook is also mentioned as a cheap stock looking out to 2016/17 earnings.[/url]
Hahahaha. My understanding is that FB just spent 35% of their cash-on-hand to buy WhatsApp.... and WhatsApp's users include millions who create new accounts every year when their free for the first year accounts expire.

In another decade, "When FB bought WhatsApp" will be covered in the same business school textbook chapters that discuss when AOL bought TimeWarner and when Rupert bought MySpace.
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