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20

Feb, 2014

This Week on Social: Facebook Buys WhatsApp

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Facebook has agreed to buy WhatsApp for $19 billion in cash and stock. You have already heard that one today, and read dozens of posts about it. That is exactly Ksh. 1,635,900,000,000. To put it more clearly, the sum total of the Kenyan budget for the current fiscal year or approximately 50 times the cost of building the Thika Super-highway was spent on an intangible product. Let that sink in! What does all this really mean for us here in Kenya? For a messaging app that even my mum uses, […]

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