Re:Mark Zuckerberg Stoked Washington’s Fears About TikTok
by opo on Sunday August 23, 2020 @08:31PM
(#24256546)
>...it was very under the radar in the US until Facebook paid what seemed like an ungodly sum ($12bn) at the time.
Facebook paid a lot more than 12 billion:
>...When Facebook announced its plans to acquire WhatsApp in February 2014, WhatsApp's founders attached a purchase price of $16 billion: $4 billion in cash and $12 billion remaining in Facebook shares. This price tag is dwarfed by the actual price Facebook paid: $21.8 billion, or $55 per user.
Facebook paid a lot more than 12 billion:
>...When Facebook announced its plans to acquire WhatsApp in February 2014, WhatsApp's founders attached a purchase price of $16 billion: $4 billion in cash and $12 billion remaining in Facebook shares. This price tag is dwarfed by the actual price Facebook paid: $21.8 billion, or $55 per user.
https://www.investopedia.com/articles/investing/032515/whats...