RE:Facebook buys what's app for $16 billion MarketLady wrote: That type alof evaluation is just insane. Company with 400 million users with no ad revenue and minimum app cost if of any. As the what's app is free. I don't see how they are worth anywhere close to $16 billion. Goes to show you that social media companies have valuations that cannot be explained.
What's app is not really social media it's just a messaging service.