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Facebook is running 2b+ in Ad profits at an 8x YoY growth. If owning social networking and communication stays this profitable and Whatsapp helps solidify Faceb
by rwissmann 13y ago
Facebook is running 2b+ in Ad profits at an 8x YoY growth. If owning social networking and communication stays this profitable and Whatsapp helps solidify Facebook's dominance, the purchase is entirely justified. Remember, Whatsapp basically killed SMS outside the US.
We always scold people and companies for not taking huge bets once they become successful. Huge props to Zuckerberg for staying hungry and willing to take risks.