As much as someone's willing to pay.
Personally, it does not surprise that FB is willing to pay 3B. FB is struggling with the younger crowd as of late, it's a great strategic move in my opinion.
Personally, it does not surprise that FB is willing to pay 3B. FB is struggling with the younger crowd as of late, it's a great strategic move in my opinion.
I think these sort of app related multi-billion acquisitions with little or no revenue are a complete farce and do more harm than good - especially when it comes down to a product with NO revenue. It's basically disregarding capitalist business principles for shallow popularity.