In 2013, Facebook's (NASDAQ: FB ) revenue reached a record $7.87 billion. About 90% of this revenue came from advertising. The social network's reliance on advertising stands starkly against WhatsApp's policy on ads. WhatsApp, a cross-platform messaging service that Facebook recently announced it is acquiring for $19 billion including common shares and restricted stock units, has a "no ads ever policy." Even more, the CEO and co-founder Jan Koum, who was just appointed to Facebook's board of directors, has expressed some harsh views on advertising.
Can two companies with such a different view on how social platforms are monetized thrive together? Even more, can two leaders in the same boardroom with such opposing views on such an important pillar to Facebook's business work together?
Fool contributor Daniel Sparks discusses Koum's hatred of ads and how it may affect Facebook in more detail in the video below.
The next big thing in tech?
Let's face it, every investor wants to get in on revolutionary ideas before they hit it big. Like buying PC-maker Dell in the late 1980's, before the consumer computing boom. Or purchasing stock in e-commerce pioneer Amazon.com in late 1990's, when they were nothing more than an upstart online bookstore. The problem is, most investors don't understand the key to investing in hyper-growth markets. The real trick is to find a small-cap "pure-play", and then watch as it grows in EXPLOSIVE lock-step with it's industry. Our expert team of equity analysts has identified 1 stock that's poised to produce rocket-ship returns with the next $14.4 TRILLION industry. Click here to get the full story in this eye-opening report.