What a deal !!!

I just wanted to explain the Facebook-Whatsapp deal and represent the 19billion Facebook paid in easy terms. 19billion USD in rupee term means somewhere around 117762 crore. To understand it consider the amount was being used to purchase some major companies in India say BPCL, HPCL and IOC, then even after completely acquiring these 3 companies there would have been sufficient amount left out in the amount paid to Whatsapp. He could have even bought SBI in full and left out with a few crores in hand. The amount is more than the total revenue that indian railways makes in an year. All this for a mobile application that made 20 million in revenues last year from 450 million users. But something that has to be understood here is that Facebook has paid only 4billion in cash and the rest in Facebook shares which are at it's all time high at present. That means he had to dilute less of Facebook at current market value and he could always buy those back if the markets correct and bring down share price of Facebook(May be the reason to drive up the value of Facebook shares???)

Is this some sort of consolidation in app messaging or just the start of a 'mobapp bubble' in the making. Have to wait and watch, only time can tell. Let's hope Whatsapp makes a lot of money for Facebook. 

Cycling - A new hobby

After long 9 years I have started cycling again. Last time I cycled was back in 2005 when I was just out of school. My cycle then was hero devil which I bought for 1750 used for 7 long years and sold for 700. Presently I bought the base version of gear cycle the Hercules Atom (6 gear) as I was afraid I won't get enough time and I would be forced to stop and now after 3 weeks I feel confident that it has become a part of my life I will go a long way with it.

At first I could hardly cycle for 20 min - 3km, and I would soon become out of breathe, I was a bit rusty when I started. Now just after 3 weeks I am able to pedal more than 12km within 40 min which for me is quiet an achievement. I started this mainly because I have small breathing problem and doc asked me to do some physical exercise that would give my lungs some breathing exercise. Don't know why but running/jogging felt too weird so I choose cycling and here I am. The thing that keeps me motivated is the drastic improvement in my breathing problem and the Challenges in the Endomondo app. Hoping to cycle for a long long time and soon to participate in some cycling marathon, just for fun.