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This isn't even a question to me: it's obvious it was to take out competition in social networking. Facebook has network effects but their organic attempts at s

This isn't even a question to me: it's obvious it was to take out competition in social networking. Facebook has network effects but their organic attempts at starting new apps constantly fail. Acquiring the ones that take off is the only avenue left. There's no other reason to spend $19B for a company with little to no revenue (and like 3 employees?).

Lammy 7y ago
Starting new apps aren’t the only initiatives that fail. Whatsapp was the target to meet or beat for every single speed and reliability metric during the development cycle of Messenger 3.0 (2013).