Earlier quoted context omitted.
Proprietary messaging apps have a huge advantage in cutting down spam. Solve that and your open standard might just take off.
That's just security through obscurity. Seems to work for iMessage though, I've heard it's obfuscation is something incredible.
Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
581–590 of 831 posts
Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
#582Earlier 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.
I actually got to know about the Acquisition on Whatsapp! My friend from NYC messaged me on it. Unlike SMS, what I really like about it, is the group chat feature. At any given day, I'm chatting on a group chat with friends from here in the US, Canada, India, Singapore and the UK. For that I pay $1/year. It's probably paid for itself in just a few days of use.
Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
#583When these bubbles really get crazy, you start questioning your sanity and wondering whether maybe you're just plain wrong. You actually start wondering if the valuations are justified after all, whether it be a house, stock certificate of a tech company, the mineral rights to some acres in the Haynesville shale, or some land on the Vegas Strip. My head hurts.
I have two additional and unrelated thoughts on this. First, the astonishing price paid is a very tangible indictment on the management of Facebook, and Zuckerberg especially. Combine this $19 billion with the Snapchat offer and Instagram, and it's clear that Facebook is looking frighteningly like Microsoft, which is to say a behemoth of a company that seems to flat-out miss every next big thing. I can't even imagine…
Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
#584Earlier quoted context omitted.
With the caveat being that Twitter isn't rationally worth anywhere near $30 billion. Even if you said their sales was income, they'd be trading at nearly 50 times, and at that point they'd still be worth twice too much. Here's a prediction: as the easy money QE party comes to an end, the stock market melts, Twitter's growth grinds to a complete halt, investors realize there's only so much time in the day and Twitter…
> Here's a prediction: as the easy money QE party comes to an end, the stock market melts, Twitter's growth grinds to a complete halt, investors realize there's only so much time in the day and Twitter has lost the messaging space, Twitter is worth $5 to $7 billion if they're lucky. It's not the QE money pumping up Twitter, it's a combination of tech being hot and a limited number of shared available (much of TWTR is…
Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
#585Also what if Facebook lock your account because they don't like your name, or WhatsApp go bust and shut down in a few years time? Then you've lost everything, because it was locked into their proprietary little system. I don't understand how anyone would chose one of these as their primary method of communication.
Especially as they are all newcomers, and email was well established as what the world used to communicate before they arrived. No-one buys a phone and then decides 'Hmm shall I install email or WhatsApp'; no, you buy a phone, you set-up the email account that you've already had for 20 years, and then after that you maybe decide to install another app. This app offers nothing over email, yet you and all your friends abandon email and use the new app instead? That is some powerful marketing they must have done.
Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
#586Earlier quoted context omitted.
It's just because it matters more that we have all of our contacts than save $20 a month. I think you'd need higher priced SMS or a very large WhatsApp userbase.
That is a very good point, even if you don't immediately realize the deeper implications. :) In India, you generally pay per text message - so if you can convince even 3 of your close friends to start using Whatsapp, you save (say) 20% of your phone bill. Here in US, if you are going to send more than a few texts a month, you are going to be paying 20 USD. So there is no real monetary incentive (initially) for you an…
Essentially WhatsApp is free messaging as long as you have a internet connection. And that's pretty cheap these days.
Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
#587Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
#588Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
#589400,000,000 active users [0] 16,000,000,000 USD ---- $40 per user That's an incredible cost. We can assume Facebook is paying for the userbase, the app itself and it's infrastructure would basically run itself. It's less appealing when you realise that there's probably a miniscule fraction of WhatsApp users that don't have a Facebook account. > WhatsApp will remain autonomous and operate independently. You can contin…
Re: Facebook Buying WhatsApp for $16B in Cash and Stock Plus $3B in RSUs
#590Earlier 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.