Facebook trumps Google in buying out Whatsapp at US $ 19 billion…and it seems like a bargain !

Facebook trumps Google in buying out Whatsapp at US $ 19 billion…and it seems like a bargain !

US  $ 19 billion (Rs 118237 crs at US $=Rs 62.23) or thereabouts is also the current Market Capitalisation of ICICI Bank (Rs 118725 crs) or Bharti Airtel (Rs 117685 crs) or even HUL (Rs 120000 crs)……or the combined Market Cap of two Oil Companies,Cairn India (Rs 62250 crs) and Indian Oil (Rs 57850 crs)….or the combined Market Cap of the three PSU OMCs Indian Oil (Rs 57850 crs) ,BPCL ( Rs 25307 crs) and HPCL ( Rs 8189 crs) with Oil India (Rs 26915 crs) thrown in too !

Sharing and reproducing what I just read on a fb post…….

Brian Acton applied for a job in Facebook (2009), but was rejected.

He met Koum and started Whatsapp.

Yesterday Facebook bought Whatsapp for 19 billion dollar (Indian Rupees One lakh eighteen thousand + Crores).

When you create a project that makes a difference is  Valuable and Unique, this is what you end up creating – History!

Some figures regarding FB and WA:
19 billion $ is big money. To understand in Indian perspective…
1 billion = 100 crores = 1,000,000,000
19 billion = 1900 crores = 19,000,000,000
1$ = Rs 62.23
19 billion $ = Rs 1,182,370,000,000
That is 1.18 lakh crore

What can be bought in how much Rs?
1 crore : A flat / luxury car
10 crores : A bungalow
100 crores : 1 village (equivalent real estate)
1000 crores : 10 villages
10000 crores : 100 villages
100000 crores : 1000 villages (a state as big as Bihar, 1 lakh sq km)

It is certainly big money.

WhatsApp has 450 million active users.
450 million = 450,000,000
Acquisition cost = 1,182,370,000,000 Rs
Cost of acquiring 1 customer = Rs 2627/- (42 $)

For just Rs 2627 (42 USD) per user , Facebook has got the following information for 450 million users which includes CXO’s, Heads of states, Politicians, Defence personnel… and also the common man:
1. Name of user
2. Users mobile number
3. His email Id
4. His location
5. Other credentials like mobile model, service provider, etc.
6. His likes and dislikes
7. His religious belief
8. Which political party he supports
9. His profession
10. His hobbies
11. His photographs
12. His health status
13. His financial status
14. His family background
15. ….. And so many other things!

A good deal indeed!