Mark Zuckerberg Out Of Money To Buy Dick-Pic Messaging Service

Also, he got a deal on WhatsApp, for which he's got a 5 year plan.

In a keynote interview at Mobile World Congress in Barcelona, Zuckerberg suggested that the mobile messenging app will enjoy a long grace period before it’s expected to start kicking in its fair share of the rent. In negotiations with WhatsApp cofounders Jan Koum and Brian Acton, he said, a key selling point was the proposition that “they can focus for the next five years or so purely on connecting more people.” [...] “I actually think that by itself it’s worth more than $19 billion, although it’s hard to make that case today because they have so little revenue compared to that number,” Zuckerberg said...Zuckerberg was also asked by an audience member whether the WhatsApp deal means Facebook is still a potential suitor for Snapchat, which it tried to acquire for $3 billion in November. Zuckerberg suggested it was no longer on the table: “After buying a company for $16 billion, you’re probably done for a while.”

Mark Zuckerberg: WhatsApp Was Worth Even More, Doesn't Need To Make Money [Forbes]