3 ms·

We've agreed to acquire WhatsApp

19 points by edran 13y ago

smackfu 13y ago
Funny, there's a missing space between "for" and "Internet.org", and someone already bought the domain: http://forinternet.org/ http://forinternet.org/
mintplant 13y ago
Where is the source for that $19 billion figure? I don't see it in the post, and it sounds ridiculously high to me. EDIT: For reference, the previous title was "Facebook Buys Whatsapp for 19 Billion Dollars" EDIT 2: I see now that there's a TechCrunch article [1] claiming a "$16B in cash and stock" figure. That article cites a regulatory filing [2], which states: > options to purchase WhatsApp capital stock will be cancelled in exchange for an aggregate of 183,865,778 shares of Parent’s Class A common stock (valued at $12 billion based on the average closing price of the six trading days preceding February 18, 2014 of $65.2650 per share (“Specified Price”)) and $4 billion in cash to existing WhatsApp securityholders, subject to certain adjustments such that the cash paid will comprise at least 25% of the aggregate transaction consideration. In addition, upon Closing, Parent will grant 45,966,444 restricted stock units to WhatsApp employees (valued at $3 billion based on the Specified Price) Amazing and somewhat dizzying that it's actually that high. [1] http://techcrunch.com/2014/02/19/facebook-buying-whatsapp-for-16b-in-cash-and-stock-plus-3b-in-rsus/ http://techcrunch.com/2014/02/19/facebook-buying-whatsapp-fo... [2] http://www.sec.gov/Archives/edgar/data/1326801/000132680114000010/form8k_2192014.htm http://www.sec.gov/Archives/edgar/data/1326801/0001326801140...
- edran 13y ago
  Indeed, my bad. I reckon I had Techcrunch' article on the side and I mixed them up (Boy, the excitement!). EDIT: The article was from Forbes, not Techcrunch: http://www.theverge.com/2014/2/19/5427332/facebook-is-buying-whatsapp http://www.theverge.com/2014/2/19/5427332/facebook-is-buying...
deleted 13y ago
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3 ms·

We've agreed to acquire WhatsApp

19 points by edran 13y ago

smackfu 13y ago
Funny, there's a missing space between "for" and "Internet.org", and someone already bought the domain: http://forinternet.org/ http://forinternet.org/
mintplant 13y ago
Where is the source for that $19 billion figure? I don't see it in the post, and it sounds ridiculously high to me. EDIT: For reference, the previous title was "Facebook Buys Whatsapp for 19 Billion Dollars" EDIT 2: I see now that there's a TechCrunch article [1] claiming a "$16B in cash and stock" figure. That article cites a regulatory filing [2], which states: > options to purchase WhatsApp capital stock will be cancelled in exchange for an aggregate of 183,865,778 shares of Parent’s Class A common stock (valued at $12 billion based on the average closing price of the six trading days preceding February 18, 2014 of $65.2650 per share (“Specified Price”)) and $4 billion in cash to existing WhatsApp securityholders, subject to certain adjustments such that the cash paid will comprise at least 25% of the aggregate transaction consideration. In addition, upon Closing, Parent will grant 45,966,444 restricted stock units to WhatsApp employees (valued at $3 billion based on the Specified Price) Amazing and somewhat dizzying that it's actually that high. [1] http://techcrunch.com/2014/02/19/facebook-buying-whatsapp-for-16b-in-cash-and-stock-plus-3b-in-rsus/ http://techcrunch.com/2014/02/19/facebook-buying-whatsapp-fo... [2] http://www.sec.gov/Archives/edgar/data/1326801/000132680114000010/form8k_2192014.htm http://www.sec.gov/Archives/edgar/data/1326801/0001326801140...
- edran 13y ago
  Indeed, my bad. I reckon I had Techcrunch' article on the side and I mixed them up (Boy, the excitement!). EDIT: The article was from Forbes, not Techcrunch: http://www.theverge.com/2014/2/19/5427332/facebook-is-buying-whatsapp http://www.theverge.com/2014/2/19/5427332/facebook-is-buying...
deleted 13y ago
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