The irrational rationality behind Facebook’s $16 billion acquisition of WhatsApp

Another day and another acquisition — and another one that is jaw dropping and seemingly insane. Less than a week after Japan’s Rakuten acquired Viber for $900 million, Facebook co-founder and chief executive Mark Zuckerberg announced that he is buying WhatsApp for a whopping $16 billion in cash and stock. Add another $3 billion for … Continue reading The irrational rationality behind Facebook’s $16 billion acquisition of WhatsApp