Sobering list :) But FB only paid $4B in cash, the rest is in stock. At a P/E of 111, I'd say FB is grossly overvalued. It's a great thing to swap overvalued

Sobering list :) But FB only paid $4B in cash, the rest is in stock. At a P/E of 111, I'd say FB is grossly overvalued. It's a great thing to swap overvalued pieces of paper for something, just ask AOL, which bought Time-Warner with worthless pieces of paper in 1999. AOL was a modem company in a world beginning to move to broadband. Time-Warner had actual physical cables in the ground and utility-style monopolies in most major cities, along with a bunch of movie/TV IP (if I recall correctly). Unfortunately for Time-Warner shareholders, management apparently assumed that pieces of paper labeled "stock" were equivalent to the limited-edition green and black pieces of paper labeled "$". I estimate FB paid <= $8.5B. Which is still pretty ridiculous. If I were the WhatsApp founders, I would start selling my FB stock ASAP and buying something with some staying power. Such as perhaps one of the companies on your list :)