That doesn't contradict the parent's comment. In Facebook's hands that future cashflow may be significantly large than in Microsoft's. Also in a case such as t

That doesn't contradict the parent's comment. In Facebook's hands that future cashflow may be significantly large than in Microsoft's. Also in a case such as this the value of the investment is the difference between the expected future cashflow of Facebook alone and the combination of Facebook and Whatsapp (as ownership of Whatsapp may increase cashflow at the original Facebook part both through removal of competition and also driving usage).