Tag: WhatsApp
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Facebook Acquires WhatsApp for a Whopping $19B
Probably one of the most hostile takeovers of our time, Facebook has acquired its rival WhatsApp. In terms of value creation, this is the biggest on record. Sequoia Capital reportedly invested only $8 million back in 2011 in WhatsApp and no additional funding was announced after that. This initial investment has thus turned out to…
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3 free apps to replace SMS on your mobile phone
Depending how old you are, you may be able to remember the time where text messaging was the next big thing in the cell phone world. Before iPhones and other smartphones, text messaging was the preferred way of contact for millions of people across the country, and it was particularly popular with the younger crowd.…