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Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

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541–550 of 831 posts

Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

#541
post #493

Earlier quoted context omitted.

OK, yes, "retain continuity of addressability for every device" then - you'll need something at your end to push a signed notification out indicating your IP address change but there's no reason that can't be seamless like texting your contacts a new phone number but without any interaction needed.

>OK, yes, "retain continuity of addressability for every device" then - you'll need something at your end to push a signed notification out indicating your IP address change but there's no reason that can't be seamless like texting your contacts a new phone number but without any interaction needed. so, you mean like dynamic updates to DNS? tsig-signed nsupdate? It's old technology, and would do what you describe (we…

>percolating down in less than two hours //

How often are you planning on changing your domestic ISP?

Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

#542

Sequoia just landed a 5x return on their fund with this one deal. At a rough guess, they put in $8m for 15% of the company in 2011, valuing it at around $53m. A $16B sale is a 300x increase in value, so Sequoia's stake is worth $2.4bn. Their standard fund size is around $500m. http://www.reuters.com/article/2013/08/16/us-sequoia-funds-i...

They also invested ~$50m last year at a ~$1B valuation, so their stake is worth even more. Probably closer to $3B.

Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

#543

Earlier quoted context omitted.

I'll admit to a distinct feeling, that I've started to lose touch with pop technology. I've never heard of WhatsApp. Though I had most definitely heard of Hotmail in 1998.

It's not really "pop" technology. Surprisingly, it's not used much in the United States, but in India it's basically a replacement for text messaging. Everyone from a 13 year old child to my grand mom uses it to keep in touch with friends and family members across the globe. IMHO, they were able to get to such widespread everyday usage because they such awesome and reliable technology. Much better than what Google ha…

I'll shake my first and one day see people using open standards protocols rather than this morass of proprietary dribble.

Until then, I'm marginally lonely on my xmpp clients, though the facebook integration really helps.

Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

#544
I know What's Up. Facebook just bought the world's largest (and unlisted) mobile phone number directory:

WhatsApp's convenient 'matching by phone number' feature uploads of all of your phone contacts to their servers. Though positioned as one of the good guys, they too had their price.

With this acquisition, FB bought the ultimate data set of users and leads, and with it secured access to the last remnants of your privacy.

Your fake name/profile on FB will no longer protect you. Your friend's contact list spilled the beans months ago...

Uninstalling WhatsApp now, though I realize that after several lovely years might just be too late already.

Cat, bag, out of. Such wow. Much sad.

Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

#545

Earlier quoted context omitted.

My first year free just ran out. They sent me a message that I get to continue for another year for free. It's hard to believe anyone pays for this.

Have you been a heavy user? I have a sneaky feeling that they will let light users have it free, but start charging heavy users. That makes sense, because if you are a light user, there is not a lot incentive to pay.

I use it every day and I got my free account expiration date upgraded to "lifetime". Admittedly, I'm a light user regarding bandwidth usage; I do share some pictures, but probably a lot less than the average user. I honestly don't think I know anyone who pays the annual fee.

Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

#546
post #505
post #132

Facebook suddenly acquired the world's (if we exclude the US and China) most popular messaging service. I communicate with this app with all my friends, and share stuff that i have no intention of ever putting on Facebook. Everything that once seemed 'private' is now in the hands of a website that forces it users to share as much as possible with marketeers and advertising companies. It's gonna be one tough mission f…

>>> It's gonna be one tough mission for FB to convince WhatsApp users they're not gonna be playing around with their data. It's much less relevant if you step outside the HN.

I don't know if that's true. How do you explain the success of WhatsApp when FB exists?

Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

#547

Earlier quoted context omitted.

What's special about Whatsapp that made them choose this platform rather than (say) email, any other chap app, or even Facebook itself?

It's simple. It's instant. Not everyone (especially in Asia) has a Facebook account or even wants on. SMS was already what was powering communications in Asia. Whatsapp took SMS , added images, group chat and removed the cost. Also, it was free and works on Android (Very important in South Asia). Many older people get smartphones just to use whatsapp to communicate with others. I'm not joking. I upgraded my mom to a…

I guess I'm confused because there are lots of messaging apps, eg http://personalweb.about.com/od/mobile-messaging/tp/8-Mobile... and indeed Android's built-in messaging. I'm not trying to dismiss whatsapp, just having a hard time seeing what makes it distinctive.

Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

#549

Welp. There's another app that I won't be accepting any updates for from now on...

I'm glad people are finally realizing what they're giving up for convenience. I personally don't mind having no privacy if everything becomes super convenient, but at least people are cognizant of the tradeoff now.

That is just sad.

Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs

#550
post #543

Earlier quoted context omitted.

It's not really "pop" technology. Surprisingly, it's not used much in the United States, but in India it's basically a replacement for text messaging. Everyone from a 13 year old child to my grand mom uses it to keep in touch with friends and family members across the globe. IMHO, they were able to get to such widespread everyday usage because they such awesome and reliable technology. Much better than what Google ha…

I'll shake my first and one day see people using open standards protocols rather than this morass of proprietary dribble. Until then, I'm marginally lonely on my xmpp clients, though the facebook integration really helps.

Proprietary messaging apps have a huge advantage in cutting down spam. Solve that and your open standard might just take off.
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