Recently Facebook shocked the whole world by announcing that it has acquired WhatsApp. They made it a successful agreement of $16 billion that included $4 billion cash. This agreement also included $3 million restricted stock units for the founders and employees of WhatsApp. It was a real shock and there are many questions left unanswered, behind the reason of the deal.
WhatsApp became popular in a very less time. The reasons behind its increasing popularity are that it is very simple, reliable and fast to use. Every day more than 1 million people join it and get connected to their near and dears. They have become highly dependent on WhatsApp to communicate. In such circumstances, some experts believe that it was a wise decision of acquiring WhatsApp. Whereas some have a different perception, that betting an app with a tenth of market cap is a big risk.
Mark Zuckerberg, the CEO of Facebook admitted in a conference that WhatsApp is the only app with greater usage as compared with Facebook. It is believed that this was the only reason for the acquisition. There was a sense of fear for something getting better than Facebook. However, Jan Koum, the co-founder of WhatsApp made it clear that the app will remain self-ruling and the customers will be able to enjoy it with nominal charges. He also added that there will be no ads or promotion hindering their communication. Well, the thing will get clear with time. All we have to do is just wait and hope that both the companies do not compromise on the basic principles after this partnership.