By Tony Walford

We’re all used to Silicon Valley giants paying sky-high prices for tiny companies yet to make a profit, but $19bn?

Unless you’ve been in some sort of news-free bubble in the last day or so, you will of course have heard that yesterday (late last night UK time), 19 February, Facebook paid $19bn for WhatsApp. That’s right, nineteen billion dollars. For a small company employing around 55 people that makes one app. The deal was structured thus: $12bn in Facebook shares, $4bn in cash and a further $3bn in restricted shares which could vest over the next few years if Read full story ›

Source: The Drum