Mark Zuckerberg purchases whatsapp for $19 billion: is this a question of money or his personal insecurities?

Mark Zuckerberg-the founder of Facebook.

Mark Zuckerberg, the founder of the famous social network site Facebook, has purchased WhatsApp; an instant messaging application for smartphones, for $19 billion. Analysts have though argued that the decisive act by Zuckerberg to purchase WhatsApp for such an amount of money, was more of business in-oriented and economically insane, but rather pushed by his personal vendettas against his major opponents.

"The purchase must also be viewed in the context of the high-stakes battle being waged between Zuckerberg and Larry Page, his opposite number at Google, for the prize of users and their eyeballs, across which lucrative streams of advertising can be delivered," the Guardian said on their website. 

People should note that it was not the first time for the young Facebook fella to offer such amounts of monies to other operators in his field, whom he reckoned where/and some still are his enemies in a business sense.

According to the guardian, facebook picked up Instagram, the photo-sharing app, in 2012 for $1bn, a price that dropped jaws at the time yet now seems like a steal, and attempted to buy Snapchat, the tiny self-destructing photo-messaging app popular among younger users, for $3bn.

It is quite clear that Zuckerberg is more of an emotionally and yet financially driven, or should I say he is one awkward fella who wouldn't think twice about selling his own mother just to outrun his fellow business opponents. Hey Mark, its just business man...and you are already stinking rich anyway!

Facebook has faced stiff  competitions from various social networking sites which include Line, WeChat and Snap chat. Besides these rivals, Zuckerberg has clearly felt the most pain coming from the contagiously growing instant messaging application which is WhatsApp.

 

WhatsApp is adding about a million users per day, Facebook co-founder and Chief Executive Officer Mark Zuckerberg said on his page on Wednesday.

According to the guardian, Zuckerberg has promised to leave his new subsidiary be – for now. "He made it very clear that they are committed to not make changes to the user experience by introducing ads," Jan Koum (WhatsApp's Chief Executive) told the Wall Street Journal. "He positioned it more as WhatsApp will stay completely independent and autonomous."