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There are 450M not 450MM. What is the double MM doing there? Sure but then minus the operation cost, tax, etc. You get down to very little. I don't dispute FB
by yeukhon 13y ago
There are 450M not 450MM. What is the double MM doing there?
Sure but then minus the operation cost, tax, etc. You get down to very little. I don't dispute FB can turn it into a revenue machine by "inventing" a new way of looking at mobile and mobile messaging, but at this stage I am afraid the revenue that I read from Quora doesn't justify a 19B total acquisition. The price is too high; Twitter is about 40B ~ 50B (http://blogs.wsj.com/moneybeat/2014/01/03/twitter-near-70-valued-at-38-billion-or-49-billion/ http://blogs.wsj.com/moneybeat/2014/01/03/twitter-near-70-va...). So WhatsApp is at least 1/3 to 1/2 of Twitter, depending on how you look at it. And we probably can agree Twitter, FB are all about # of users; unlike Google which makes 60B revenue in 2013, Google has a real revenue model + user base. If you sell Google for $100B I won't even complain and I probably think that's a big bargain. (http://qz.com/137191/googles-record-valuation-is-still-130-billion-short-of-apples/ http://qz.com/137191/googles-record-valuation-is-still-130-b...)