> How does an organization get to that point? Raise $1B in private capital and another $2.1B in an IPO. Now you have billions to burn and sky-high expectations

> How does an organization get to that point? Raise $1B in private capital and another $2.1B in an IPO. Now you have billions to burn and sky-high expectations and no path to profit. Hire lot of people and hope for the best. But in their defense, Whatsapp and Instagram hadn't demonstrated an viable alternative yet.