What makes Facebook so crazy about acquisitions?

Facebook's performance in the past 16 months has been a takeover of the bully, with 1 billion of billions of dollars in acquisitions of INSTAGRAM,190 billion, and a WhatsApp of $2 billion a few days ago. What makes Facebook so crazy about acquisitions?

Business Insider's Nicholas Carlson that Facebook was so generous in its bid to prevent Yahoo's woes.

Last winter, Facebook was ready to launch its new design homepage. The new homepage is full of pictures and colors, but it also poses a problem: The home page is pleasing to the eyes of a computer screen that displays gorgeous colors and a high-speed network. But for those with outdated computer screens and slow Internet speeds, loading such a homepage will undoubtedly be a painful struggle. Facebook reached 1 billion months of active subscribers worldwide last January, including Africa, the Middle East, Asia and other regions where Facebook could not be less developed. Eventually, Facebook abandoned the design for everyone in the world to open Facebook quickly, and the homepage remains the same:

This is similar to Yahoo's predicament. Yahoo's daily visit reached 3.4 billion, and the huge user base makes Yahoo wary of any improvements, but it also stops Yahoo's innovation. The consequences of Yahoo's situation, as we have seen today, is only one-third of its peak.

However, Yahoo did not sit idly by, in addition to the internal innovation mechanism, Yahoo also wanted a way to maintain innovation, the acquisition of cutting-edge internet companies.

So in 2006 Yahoo negotiated the acquisition of a leading internet company at the time, the acquisition price of 1 billion U.S. dollars, the board of both sides passed. However, at the last minute, Yahoo CEO Terry Semel that 1 billion dollars is still too expensive, and then ran to the opposite CEO said, we now only pay 850 million, you love how.

Qizhi this to the other side of the CEO, the other side of the CEO did not want to sell the company, he was only under the pressure of the board of directors to say if the other side willing to bid 1 billion will sell the company. So the CEO took the opportunity of Semel to lobby the board, eventually terminating the acquisition.

The CEO named Mark Zuckerberg,yahoo, who could have spent 1 billion dollars on Facebook, is now worth 150 billion dollars.

If Mark Zuckerberg learned anything from the acquisition, there must be a "don't skimp on the money and miss out on the development potential of the start-up company." ”

So, in the face of Facebook's innovation dilemma, Zuckerberg is never stingy with the aggressive takeover of startups. At least 200 million active users from the first two days of Instagram months, in the United States mobile users over Twitter in two things, Xiao-Zha in the acquisition of start-up companies, not to repeat the mistakes of Yahoo missed opportunity.