Pop Culture

Kevin Roose Talks "Candy Crush IPO" and Facebook's $16 Billion Purchase

Author of 'Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits' talks billions.

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After this week's announcement by King.com that they would be taking their wildly ubiquitous mobile title Candy Crush Saga public, Facebook felt the need to drop paper in a manner befitting a social network bent on global domination.

King's IPO was valued at $500 million and Facebook's acquisition of the cross-platform mobile messaging app, WhatsApp, for a staggering $16 billion, made us realize that we will most certainly die penniless.

Kevin Roose author of "Young Money: Inside the Hidden World of Wall Street's Post-Crash Recruits" breaks down the strategy behind both purchases.

Roose talks us down from the ledge and tells us where exactly young people should be investing their dollars.

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