“Monetization is not going to be a priority for us,” Koum says. “We’re focused on the growth.” He says he’s looking ahead 10-15 years.
> "Mr. Zuckerberg says the deal fits into Facebook’s journey to become a mobile company."
Can you morph from desktop to mobile? Who succeeded in this? I wonder what's the price tag on previous pivots to mobile.
Apple - mostly organic, mini acquisitions. Possibly $3-5b for iDevices development?
Google - half organic with some big (failed) acquisitions (Moto). Possibly $10b net
MS - mostly acquisitions. Possibly $15b including Nokia.
FB - mostly acquisitions. Total "journey" cost so far: ~$20b
This certainly feels like FB is walking in MS steps.
