Facebook to Acquire WhatsApp for $19 Billion

Holy shit, that's a lot of money. And it sounds like the deal got done in a hurry. Here's The Verge's coverage of the buyout announcement from earlier today. 

Some key figures:

  • WhatsApp has 450 million active monthly users
  • WhatsApp launched in 2009
  • Very small staff at 32 engineers
  • Facebook paying $16 billion in cash and stock, plus an additional $3 billion in restricted stock to WhatsApp app employees, vesting over 4 years after the deal closes