Facebook Pays 19 Instagrams For Whatsapp

Facebook has decided that it needs to continue to force the issue and address its user bleed out problems by purchasing Whatsapp for $16 $19 billion dollars: $12 billion in stock, $4 billion in cash, and another $3 billion in restricted stock.

If you’re one of Whatsapp 32 employees, and you managed to snag 1% in equity, you’re super rich, rich, rich today.

It’s so absurd I don’t even have anything to say.

Joshua is the Content Marketing Manager at BuySellAds. He’s also the founder and ??? editor-in-chief of Macgasm.net. And since all that doesn’t quite give him enough content to wrangle, he’s also a technology journalist in his spare time, with bylines at PCWorld, Macworld and TechHive.