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The simple issue is that Facebook is the one that is overvalued, not WhatsApp. I'm sure it was mostly paid for in stock. If you don't think Facebook is overva
by blazespin 13y ago
The simple issue is that Facebook is the one that is overvalued, not WhatsApp. I'm sure it was mostly paid for in stock.
If you don't think Facebook is overvalued, that's fine, but you can't complain about WhatsApp then.
Also, I doubt this reduced Mark's control of Facebook. Just his common share equity. He still has the special class of voting shares that I'm sure all he really cares about.