Facebook is an American social media company founded in 2004 by Mark Zuckerberg. It acquired Instagram in 2012 for $1 billion to expand into photo sharing. In 2014, Facebook acquired WhatsApp for $19 billion, the largest acquisition in its history, to gain its large user base of mobile messaging users. These acquisitions helped Facebook move fast to avoid losing relevance like other companies and also allowed it to use its own stock as currency in the acquisitions.
Facebook is an American social media company founded in 2004 by Mark Zuckerberg. It acquired Instagram in 2012 for $1 billion to expand into photo sharing. In 2014, Facebook acquired WhatsApp for $19 billion, the largest acquisition in its history, to gain its large user base of mobile messaging users. These acquisitions helped Facebook move fast to avoid losing relevance like other companies and also allowed it to use its own stock as currency in the acquisitions.
Facebook is an American social media company founded in 2004 by Mark Zuckerberg. It acquired Instagram in 2012 for $1 billion to expand into photo sharing. In 2014, Facebook acquired WhatsApp for $19 billion, the largest acquisition in its history, to gain its large user base of mobile messaging users. These acquisitions helped Facebook move fast to avoid losing relevance like other companies and also allowed it to use its own stock as currency in the acquisitions.
REG.NO:18397019 MBA-DMS PONDICHERRY UNIVERSITY Co-Founder & CEO MARK ZUCKERBERG An American online social media and social networking service company Headquartered in Menlo Park, California Launched on February 4, 2004 Initially website's membership limited to Harvard students only It is open to all since 2006 Initial public offering in Feb 2012, valuing the company at $104 billion, the largest valuation to that date 1.Acquiring INSTAGRAM
on April 9, 2012, facebook acquiried Insatgram photo
filter app for $1 billion
$300 million as cash
Remaining $700 million as facebook shares
2.Acquiring WHATSAPP
In February 2014, Facebookacquired mobile
messaging company WhatsApp for US$19 billion $4 billion in Cash $12 Billion worth of Facebook shares $3 billion Facebook shares for employees of whatsapp Given $42 per user 2013 Move fast to avoid irrelevancy like Motorola , Blackberry, Nokia lost relevancy in months Create and use your own currency while acquisition, facebook used a mix of cash, Facebook stock and restricted Facebook stock for employees of whatsapp *sources https://www.quora.com/When-Facebook- bought-Whatsapp-for-22-Billion-how-did-they- pay-How-did-that-much-money-got-exchanged https://www.forbes.com/sites/kevinkruse/20 13/05/22/business-decisions/#2f66f9b4250 https://www.forbes.com/leadership/#7b2ec2 e1d66d https://www.google.co.in/search?biw=1280&b ih=694&tbm=isch&sa=1&ei=jHl9W7e6CdGdsAeD vq3gDw&q=facebook+stock+price+history+chart +from+2012&oq=facebook+stock+price Thank you