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Tags archives: buy

Sequoia Capital Takes Victory Lap After Facebook's $19 Billion WhatsApp Deal

Sequoia Capital took a victory lap Wednesday after Facebook Inc.’s $19 billion deal for WhatsApp. The venture-capital firm, which invested $8 million in the smartphone-messaging app in 2011, stands to reap a huge return on that investment following Wednesday’s deal.Facebooks said it will pay $19bn in cash and stock to acquire WhatsApp, a deal that further emphasizes the social network’s mobile push. In a blog post, Jim Goetz, a partner […]