Facebook announced it’s buying WhatsApp, a global messaging platform with 450 million MAUs, for approximately $19 billion. It’s one of the biggest tech acquisitions since HP bought Compaq for $25 billion in 2001.
It means that WhatsApp, which raised a comparatively measly $8 million since its 2011 launch, is now worth nearly $20 billion.
Remember the good old days, when we all raised our eyebrows at the $1 billion Instagram acquisition? Or Lenovo purchasing Motorola Mobility for $2.9 billion?
Since $19 billion is a ridiculously large amount of money to wrap our heads around, we decided to compare that to other ridiculously valuable things, companies and people.
$19 billion is…
- 4x the market cap of BlackBerry
- Approximately one-third the market cap of Ford
- 2.8x the market cap of GroupOn
- Effectively equal to the market cap of The Gap
- Slightly more than Sony’s market cap (around 10 percent)
- Around three-fourths the market cap of Delta
- 7.5 Mark Cubans
- Almost precisely one-third of HP’s market cap
- 2 nuclear submarines
- 62 percent of Twitter’s market cap
- 76,000 trips to space on Virgin Galactic
- Almost 60 percent of Sprint’s market cap
- 25 Instagram acquisitions
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