Yes because they were a "free" messaging service that could supplant expensive SMS carriers. They are different products at the end of the day, and a messaging

Yes because they were a "free" messaging service that could supplant expensive SMS carriers. They are different products at the end of the day, and a messaging service was acquired by a social network. Anyone can get tons of users selling a product at a loss. This is the standard startup story. Why don't you approach an investor yourself and just start it.