After the extremely hyped WWDC 2014 event which witnessed the preview and announcement of iOS 8, mixed opinions have sprung among fan boys and technology enthusiasts. While the former are excited a
Looks like Facebook is on a shopping spree. However, there isn't any on going holiday sale, In Fact it's recent shopping cart had cost the company and it's investors a whopping 20 Billion dollars. Few weeks past the critically acclaimed Whatsapp acquisition, Facebook made the headlines again by acquiring Oculus VR, a gaming headset manufacturing company, in a whopping 2 Billion contract.
You might find Facebook's decision of buying Whatsapp for 19 Billion, Appalling. Not only you, the news sent ripples through the whole Invest Banking and Silicon Valley industries. Whatsapp was initially valued at 1.3 Billion according to it's current revenue scenario. If you take further growth out of the formula and 1$/Year as it's only revenue model, it would take 100 years for Facebook to recover it's investment.