PRODUCT LEADERSHIP

A lot has been written about the big $19B acquisition of Whatsapp by Facebook. My intent is not to write specifically about the acquisition and its merits, or critique it, or debate if the price was too high or too low. Instead, I wanted to share some thoughts about why Facebook finds itself in this position of having to acquire young upstart companies for insane amounts of money. What has brought Facebook to this point? Will its next acquisition cost Facebook much more than $19B? Read the rest of this entry »