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Is Facebook Crazy for Buying WhatsApp?


Facebook announced this week that they will be acquiring mobile messenger app WhatsApp for a staggering $19 billion in stock and cash.
Nineteen. BILLION. Dollars.
The founders of WhatsApp right now. (cc: @MikeIsaac) pic.twitter.com/8CzbbZpAoK
— Nick Bilton (@nickbilton) February 19, 2014
See also: How Facebook's WhatsApp Deal Compares to Other Tech Acquisitions
Many people in the tech world were scratching their heads at these numbers, however a closer look at WhatsApp engagement may prove that Facebook made the right move.

Image: Facebook
"WhatsApp is the only widely used app we've ever seen that has more engagement and a higher percent of people using it daily than Facebook itself," said Mark Zuckerberg this week.
Still, can you imagine all of the things that $19 billion can buy nowadays?
Join Internet sensation Lamarr Wilson every week as he discusses this and more on his new Mashable show Socially Awkward. New episodes premiere every Friday, so make sure to subscribe so you don't miss out!
Last week on Socially Awkward:

সোর্স: http://mashable.com

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