Facebook (FB) on Wednesday announced a blockbuster deal to buy messaging service WhatsApp for a total of $19 billion. While you can read more about the specifics of the Facebook-WhatsApp deal here, the initial reaction was a 2%-plus drop in FB stock … as well as an explosion across Twitter.
Here are some of the best tweets from early on as the Facebook-WhatsApp deal broke:
Last year, #WhatsApp had around 45 employees. I think that's $355M per employee. http://t.co/TDRGsjoRh2
— Lance Ulanoff (@LanceUlanoff) February 19, 2014
"Services in the world that have a billion people are ALL incredibly valuable," Zuckerberg says, justifying @WhatsApp price
— Christine Lagorio (@lagorio) February 19, 2014
This chart will help you understand why Facebook would spend billions on WhatsApp. http://t.co/ziMbMjuYmQ pic.twitter.com/9nymCiipDx
— Forbes (@Forbes) February 19, 2014
"They're desperate. It's reminding me of the dotcom era" – Rob Enderle, President Enderle Group on $FB WhatsApp deal
— Deirdre Wang Morris (@deeCNBC) February 19, 2014
Zuckerberg is playing with Monopoly money these days. $16BIL for equivalent of St. James Place. #WhatsApp
— Keith Höllöway (@mkeithholloway) February 19, 2014
The founders of WhatsApp right now. (cc: @MikeIsaac) pic.twitter.com/8CzbbZpAoK
— Nick Bilton (@nickbilton) February 19, 2014
Facebook is like an evil parent that keeps finding the new hiding place for your diary. #WhatsApp
— Tara Aghdashloo (@taraaghdashloo) February 19, 2014
"Acquiring ICQ fits perfectly into our multiple-brand strategy," said AOL chief operating officer Bob Pittman.
— Jonathan Glick (@jonathanglick) February 19, 2014
http://t.co/VqpTupXNWJ may be bankrupt, but according to Facebook its valuation is around $10 billion
— zerohedge (@zerohedge) February 19, 2014