Bill Gates sat down with Rolling Stone Magazine for extensive interview that dealt mostly with his charitable foundation.  In the interview there were a few questions surrounding technology and Microsoft. He revealed that Microsoft was also interested in buying WhatsApp. He personally feels WhatsApp is extremely valuable company, but the price Mark paid for WhatsApp is more than what he expected. If there’s a deal that symbolizes where Silicon Valley is today, it’s Facebook’s $19 billion acquisition of WhatsApp. What does that say about the economics of Silicon Valley right now? It means that Mark Zuckerberg wants Facebook to be the next Facebook. Mark has the credibility to say, “I’m going to spend $19 billion to buy something that has essentially no revenue model.” I think his aggressiveness is wise – although the price is higher than I would have expected. It shows that user bases are extremely valuable. It’s software; it ...

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