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We're in a tech bubble. I don't see any other explanation, because it's unlikely that WhatsApp itself will ever generate the amount it was bought for. Some year
by workhere-io 13y ago
We're in a tech bubble. I don't see any other explanation, because it's unlikely that WhatsApp itself will ever generate the amount it was bought for. Some years (months) from now the bubble will burst, and IT companies will be bought for a far more reasonable sum (a sum they'll have to justify to the buyer by having decent revenue. Sure WhatsApp has revenue, but nowhere near $18 billion).