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They did and then spent $5B purchasing Instagram and Whatsapp to recover.
by omneity 1y ago
They did and then spent $5B purchasing Instagram and Whatsapp to recover.
- tsunamifury 1y ago19 billion buying WhatsApp. Instagram was moments before ipo. Also the FB html5 play at the time was a decent bridge to the app play which did of course explode growth. So let’s be fair they didn’t fail but they acquired to grow even more.
- HWR_14 1y agoI thought they spent $17B on Whatsapp.