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Re: Facebook

#11

Post by flashfabrixx »

Despide the fact that everybody got a strange feeling when reading the name "Facebook" in combination with WhatsApp:

Congrats to the team of WhatsApp to build such a successful product in five years with a team of 32 engineers (~ $500 million/engineer). Reminder: They nearly replaced the SMS service worldwide.

Let's hope that the words by Mark Zuckerberg will be the truth and WhatsApp will be kept as an independent product in the future.

Re: Facebook

#17

Post by k-mcgrady »

monsterix wrote: post #5

That's splendid news! I firmly believe that it is consumer apps, and consumer apps alone, that can give blazing home runs like this one. Despite the risk, numerous deaths, blood and corpses all over the place. Somehow valley since last September had been running after enterprise junk but that's not where the gems lie (My opinion of course!). There is money in enterprise but no home run possible over there. Edit: I li…

It depends what you consider a 'home run'. I consider building a sustainable business that will generate revenue and create products for the next 10/20/30 years a home run. I would consider building an app, having no business model (admittedly Whatsapp app was generating revenue although I doubt it was much), and being lucky enough to get acquired by a company willing to pay stupid amounts of money to kill a competitor and keep you away from other competitors the furthest thing from a home run.

Re: Facebook

#18

Post by k-mcgrady »

flashfabrixx wrote: post #11

Despide the fact that everybody got a strange feeling when reading the name "Facebook" in combination with WhatsApp: Congrats to the team of WhatsApp to build such a successful product in five years with a team of 32 engineers (~ $500 million/engineer). Reminder: They nearly replaced the SMS service worldwide. Let's hope that the words by Mark Zuckerberg will be the truth and WhatsApp will be kept as an independent p…

>> "a team of 32 engineers (~ $500 million/engineer)"

Only if you consider the other employees worth/value to be $0.

Re: Facebook

#19

Post by scg »

k-mcgrady wrote: post #17
monsterix wrote: post #5

That's splendid news! I firmly believe that it is consumer apps, and consumer apps alone, that can give blazing home runs like this one. Despite the risk, numerous deaths, blood and corpses all over the place. Somehow valley since last September had been running after enterprise junk but that's not where the gems lie (My opinion of course!). There is money in enterprise but no home run possible over there. Edit: I li…

It depends what you consider a 'home run'. I consider building a sustainable business that will generate revenue and create products for the next 10/20/30 years a home run. I would consider building an app, having no business model (admittedly Whatsapp app was generating revenue although I doubt it was much), and being lucky enough to get acquired by a company willing to pay stupid amounts of money to kill a competit…

"the furthest"? :) Really, that's "the furthest thing" from a home run that you could think of?
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