The flurry of news has taken application developers and entrepreneurs by surprise – everyone is still trying to wrap their heads around how Instagram was purchased for nearly 1 billion dollars, let alone understand how WhatsApp could be purchased for $19 billion! Apparently things move fast from year to year, and a billion dollars isn’t as cool as it used to be. Just ask Snapchat, which laughed off Facebook’s previous $3 billion offer.
Do you think Facebook paid too much for WhatsApp or was the price just right?
Comic by CommitStrip
via CNN