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Brad Reed
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Facebook stunned the tech world this week when it announced that it was paying $16 billion up front along with $3 billion in vested payments to buy WhatsApp, the incredibly popular messaging app that has 450 million users. We'd already read reports suggesting that Google was willing to pay up to $10 billion for WhatsApp but now The Information's Amir Efrati and Jessica Lessin report that Google was actually willing to beat Facebook's offer for the company, meaning that WhatsApp could have potentially been worth even more than the $19 billion that Facebook is shelling out to buy it.
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Via BRG - Boy Genius Report
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Via BRG - Boy Genius Report