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Youtube has lost money since inception(havent checked lately). Great to create traffic but not so much of a money maker for Google.
Whatsapp is all third world users. Great for mobile just not the mobile they wanted. Instagram? Does anyone still think the grainy, yellowed photos are cool? Snapchat? Come on.
I wonder why it never makes sense for them just to do what they do and give the cash back to the shareholders? Google could just be a huge search engine that spits out cash. Facebook could do the same. They didn't need to buy Instagram to ficure out they needed more ads on the mobile facebook did they?
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