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Even My Mom Uses Whatsapp

Just about five months since Facebook bought Whatsapp for an unprecedented $19 billion (representing 1/10th of Facebook’s total market cap). Some of the controversy surrounding the sticker price has worn off with the passage of time.
Still, discussion continues to reverberate about what the acquisition means for Facebook and whether or not the company was smart to spend so much. And there doesn’t seem to be much middle ground between the two camps either. You either think Zuckerberg is an idiot and acted out of a defensive impulsiveness or you think he’s five steps ahead of everyone else in understanding connectivity within the new mobile app universe.

For me, it’s pretty simple. Facebook’s acquisition of Whatsapp is a game changer for the company. Every single time someone tells me they paid too much, I just say, “well even my mom uses Whatsapp.”

Here are five other reasons that the price Facebook paid was not too high.


Through Semifinals, Dutch Class of the 2014 World Cup

A Sneak Peak before the Semi-finals

In my opinion, Holland has been the class of the 2014 World Cup tournament. Much like the other semi-finalists, the Dutch side has been shaky at times. They’ve teetered on the brink of elimination, for example when they were down a goal with minutes left against Mexico before scoring two quick goals to win minutes later in stoppage time. Why?


Taking Stock – Introduction

I am constantly amazed that close to 100% of my close friends know next to nothing about finance and investing. When I say that, I’m not talking about super complex investment concepts either. I’m talking about basic strategies for taking care of your money and building a secure financial future for yourself. I’m talking about avoiding major mistakes that can screw you over. I’m talking about taking care of “the money thing” so you can focus on things you care more about.

I think the total lack of caring or thinking about finance is a big problem in my generation. It extends way beyond my own friends. I see it with coworkers my age, friends of friends…it’s pretty much everywhere. Why do we so often pass on responsibility for our finances to others?

There are many reasons that we tune this area out. For some it’s laziness. For others maybe it’s a lack of knowledge or the idea that taking care of our investments is incredibly complex. Or maybe for some of us it’s the belief that we don’t have enough money saved up for it to matter how we put it to work. And then there is fear.

Fear, whether conscious or not, is the most pernicious and perhaps the most common factor holding so many of us back from taking control. After all, if you don’t take control of your money you have someone else to blame for not achieving your goals…right?

The reason for this article series, which I am calling ‘Taking Stock,’ is to explore how to take back control of your financial future. I think I can help address the blocks you might have that have held you back from taking control of your money. I know I can introduce profound yet simple concepts about money management and investment decisions that will empower you to make your own informed decisions.

This series is about owning your money. It’s a mixture of practical suggestions, resources, and more roundabout discussions of the emotional side of money that affect us all. The articles are geared towards young professionals, but I think there’s value for people in all stages of life.