Yeah right. A bargain. Read CNN’s 10 other things Facebook could have bought with $19 billion.
We at Data Geekery are more down to earth, selling actual value to our own customers. So we take the opportunity to issue this friendly reminder about what happens when you and your shareholders believe that a primitive chat service is worth $19B because of its oh-so-many users:
- 1998: America Online to Buy Internet Chat Service for $287 Million
- 1999: Some random event
- 2010: AOL Sells Instant Messaging Service for $187.5 Million
- 2014: Some other random event
So, should our own business not work out, we can still make tons of money this year through PUT warrants on FB. Because the above is not the only issue with Facebook. Check out this video: