4 ms·
How long did Facebook expect to grow unfettered before their acquisitions started requiring scrutiny by regulators? Edit: When Mark Zuckerberg found himself th
by adgar 14y ago
How long did Facebook expect to grow unfettered before their acquisitions started requiring scrutiny by regulators?
Edit: When Mark Zuckerberg found himself throwing down a billion dollars to have what a company he wanted, did he ever once seriously consider that he couldn't have it as soon as he wanted?
- wmf 14y agoWho says he wants it right now? Maybe the delay doesn't matter.
- adgar 14y ago... right. Surprise the world by throwing a billion dollars down for a social media company with 11 employees - a month or two before your IPO - because you don't care if they have to stay your competitor for another 6 months (or more). Right.
- taligent 14y agoIt was rumored that Google et al were also interested in Instagram. So a billion dollars sounds pretty cheap to prevent a competitor getting hold of a very popular and strategically important social network.
- dsl 14y agoThey can drag the investigation for as long as possible, then pay a few hundred million to kill the deal. Killing a competitor (which honestly has 100% userbase overlap with FB anyway) and cockblocking Twitter and Google at the same time. It sounds crazy, but remember when Google bid 4 billion on wireless spectrum just to create a better environment for Android?
- tomjen3 14y agoThe only error he made was not to bribe enough people in Washington to make this deal go through. That this happens now is a crime against Facebook which it does you no good to be so smuck about.