Facebook Has Spent $22 Billion on Acquisitions. That's Equal to the GDP of Uganda.
Media juggernauts in today's technology sector don't hold back when it comes to spending top dollars on rising startups.
Facebook in particular has spent a whopping $22 billion-plus on disclosed acquisitions since its inception in 2004. WhatsApp, Instagram
and 45 other companies are now under Facebook's belt. It didn't take
Mark Zuckerberg very long to realize buying other companies is the best
way to grow his own.
The folks at Marketo
created an infographic comparing the $22 billion-plus sum to the gross
domestic products of countries, the net worth of celebrities, the price
of making movies and values of professional sports teams. Take a look
below:
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