Contemplating Facebook's Strategy Based on Acquisitions
Facebook has been making waves lately, tidal waves in fact. After $19 billion for WhatsApp and $2 billion for Oculus, some are left scratching their head and asking some very good questions. Why? How are these related?
I think the answer is simpler than many have offered. I believe it boils down to Facebook wanting to stay relevant long term, no matter what technology or platform enables it.
WhatsApp #
Messaging is a (or the?) primary means of communicating for billions of people, and Facebook Messenger was largely a flop. In a sense, messaging is the simplest highly private social network; you share very specific things with very specific people. I firmly believe that messaging with reign supreme as a top, if not the top, use of mobile phones for the foreseeable future.