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This is just ridiculous. As per their latest financial statement, $16B is $B more then they have in the bank. Part of that is stock, but still... On top of tha
by pisarzp 13y ago
This is just ridiculous. As per their latest financial statement, $16B is $B more then they have in the bank. Part of that is stock, but still...
On top of that, it's 8 times more then their 2013 net income!
People say it's defensive play, but to me it looks like overly aggressive play with huge risk and very little potential. Facebook already has huge market share with their messaging platform, and they really don't need this that badly.
- notahacker 13y ago$12bn of it is stock (as is the employee grant) so in fairness they're paying prices inflated by optimism about retaining and monetizing social network users mainly with currency inflated by optimism about retaining and monetizing social network users.
- atmosx 13y agoThe entire operation is incredibly inflated on both sides.