231–240 of 392 posts
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$1 is a meal. You can't eat Whatsapp
and if you can't afford $1 / year FB doesn't give two shits about you because you have no disposable income anyway.
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I would like to challenge you on your belief - YouTube offers an Ad-free mode and the subscriber numbers are still considered to be abysmal [1], considering that it has 1B+ total users. What makes you think charging $5 to $10 per month would retain enough users? Moreover, Google made ~$15B in Q2 2018 in USA alone[2]. 86% came from ads, so let's assume Google made ~13B from ads in the USA in Q2-18. Even if we were to…
I use Youtube Red. Part of the reason no one uses it is because it's not a very good service. Because I have Youtube Red I don't have ads, and I can download videos on my phone. Except I can't really download videos, I just kind of cache them in an inaccessible format that randomly fails. Seriously, it's very common for me to go back to older downloaded videos and have Youtube randomly tell me, "well, it's messed up,…
Whatsapp had a great business model: $1 a year. With their current 1.5 billion users, that's nothing to sneeze at. It doesn't cost them $100M a month to provide the service. I wish more companies were like Craigslist - happy to make an great profit and a lasting business by providing basic information services for a reasonable price. Instead, a bunch of MBAs want to rule the world by focusing on growth at all costs,…
Engineer with an MBA here. My two cents: Back when I was writing code, my worldview was that if engineers ran every company, then the world would simply be a better, more rational place. Because engineering is hard and everything else is easy/squishy/learnable. During my b-school classes, it dawned on me that things are much more complicated than I had thought. Marketing and sales are very hard, very quantitative, an…
This is a well trained robot right here.
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Craigslist is doing amazing, but they are definitely an outlier
They're an outlier by not being greedy.
Craigslist is greedy in a strange way. Craigslist is greedy over their the simplicity of their product and desire to hold on to their turf.
The company makes more than enough money to offer all kinds of improvements that need not markedly change how the marketplace behaves.
These features would not exploit the user or the user's experience. (In the spirit of this thread, "MBA" ideas)
When someone comes along and tries to ship the same thing, improved, and break TOS to get exposure to CL users, CL shuts them down. The big difference between craigslist and other startups is craigslist rarely incorporates competitive ideas into their product.
I support the position craigslist holds, but not the way craigslist holds it. I believe it will be toppled by a group less benevolent or be forced to add features at a date far later than it could have added utility to so many people's lives.
Whatsapp had a great business model: $1 a year. With their current 1.5 billion users, that's nothing to sneeze at. It doesn't cost them $100M a month to provide the service. I wish more companies were like Craigslist - happy to make an great profit and a lasting business by providing basic information services for a reasonable price. Instead, a bunch of MBAs want to rule the world by focusing on growth at all costs,…
Engineer with an MBA here. My two cents: Back when I was writing code, my worldview was that if engineers ran every company, then the world would simply be a better, more rational place. Because engineering is hard and everything else is easy/squishy/learnable. During my b-school classes, it dawned on me that things are much more complicated than I had thought. Marketing and sales are very hard, very quantitative, an…
Earlier quoted context omitted.
Engineer with an MBA here. My two cents: Back when I was writing code, my worldview was that if engineers ran every company, then the world would simply be a better, more rational place. Because engineering is hard and everything else is easy/squishy/learnable. During my b-school classes, it dawned on me that things are much more complicated than I had thought. Marketing and sales are very hard, very quantitative, an…
I’m curious in your path. What made you decide to get an MBA being an engineer, and what are you doing now with that degree?
Engineer > 1 - 4 years experience in IT/Engineering etc > 2 Year MBA from a reputed college > Management role in related or a completely different field.
There is a general consensus in India that engineers can be groomed to be good managers. No idea why.
One more aspect to consider is that qualifying exams for top-tier MBA colleges in India (IIM's, etc) are somehow cracked more easily by engineers. Of course there are students from commerce / arts / etc that also crack and top these exams, but the trend till date is it's mostly engineers.
Also most of the top Indian guys in Silicon Valley (Sundar Pichai, Satya Nadella, etc) have are engineers from some of the top engineering colleges in India.
A couple of days ago I was ordering a pizza by phone and they told me they had a whatsapp channel to take orders so I thought paying using whatsapp would be perfect. No need for annoying ads or invasive data collection.
Few weeks later it was announced WhatsApp CEO quits due to privacy disagreements. lol
Whatsapp had a great business model: $1 a year. With their current 1.5 billion users, that's nothing to sneeze at. It doesn't cost them $100M a month to provide the service. I wish more companies were like Craigslist - happy to make an great profit and a lasting business by providing basic information services for a reasonable price. Instead, a bunch of MBAs want to rule the world by focusing on growth at all costs,…
Engineer with an MBA here. My two cents: Back when I was writing code, my worldview was that if engineers ran every company, then the world would simply be a better, more rational place. Because engineering is hard and everything else is easy/squishy/learnable. During my b-school classes, it dawned on me that things are much more complicated than I had thought. Marketing and sales are very hard, very quantitative, an…