What Hedge Funds Have to Say About Facebook Inc. (FB)?

Meanwhile, Facebook has to seek ways on how to monetize its WhatsApp, which is the most popular mobile messaging app in the world with 900 million monthly active users. Facebook Inc. (NASDAQ:FB)’s CEO, Mark Zuckerberg, suggested in the last quarter’s earnings call that it would not be very complicated to monetize WhatsApp, with “many clear ways” to monetize the app when it reaches 1 billion users. One alternative could be to introduce new paid features allowing businesses message consumers, outlined by the company’s CFO, David Wehner, earlier this year. Moving back to the last quarter’s earnings call mentioned above, Facebook reported second-quarter revenue of $4.04 billion, compared with $2.91 billion delivered a year ago. At the same time, the company’s non-GAAP diluted earnings per share came at $0.50, up from $0.43 posted in the same quarter in 2014.

Given the successful “Instagram” monetization efforts, Facebook might also find exceptional ways of how to monetize WhatsApp. Therefore, the tech company is set to have a bright future ahead should the soon-to-be 1 billion-user app deliver the expected benefits. In the meantime, both George Soros and Steve Cohen held sizable positions in Facebook at the end of the second quarter. Moreover, Stephen Mandel’s Lone Pine Capital increased its stake in the company by 1.65 million shares during the quarter, amassing a 9.76 million-share position.

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