Since the acquisition of WhatsApp by Facebook, just prior to the 2014 Mobile World Congress, there has been considerable press about Facebook and WhatsApp.  In the last few days, the latest headlines have been about how WhatsApp handled a record 64 billion messages in a 24 hour period.  That is a fantastic number and it represents magnificent growth.  I’m not trying to take away from this brilliant achievement, but I must point out that WhatsApp subscribers didn’t really generate 64 billion messages.

In the late afternoon on Wednesday, February 19th (Eastern Time, USA), Facebook announced that it was acquiring WhatsApp for $19 billion in cash, stock, and restricted stock.   While I’m not a financier, I think $19 billion was a bit much as I’ve read that it roughly translates to $42 or so per WhatsApp subscriber.  I think it was a good move, nonetheless.