The fact about WhatsApp that blew me away is that they have 72% DAILY active users. I can't think of any other service with that kind of engagement. Even Facebook must be impressed at how often people come back to WhatsApp.
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Re: Facebook
#72The fact about WhatsApp that blew me away is that they have 72% DAILY active users. I can't think of any other service with that kind of engagement. Even Facebook must be impressed at how often people come back to WhatsApp.
SMS ?
Re: Facebook
#73Earlier quoted context omitted.
What's your definition of a real company which excludes WhatsApp?
One that generates revenue?
Re: Facebook
#74Earlier quoted context omitted.
One that generates revenue?
They charge $1/year/user, though the first year is free. One year ago they had 200m users. That number has not shrunk.
I would not be surprised if 10% of their userbase or less had ever paid. Which is still a good number, but not the one you make it out to be.
Re: Facebook
#75Earlier quoted context omitted.
The numbers are staggering: 450 million users in less than three years. That's a real company. That's more users than most startups will ever see in a lifetime of use let alone daily usage.
Yea, whatsapp has a nosebleed valuation because of it's user base size and lock in effect(zuck hopes at-least, vulnerable to changes in ios and android default messenger), but i'd say its definitely real. I respect them a lot more than say groupon, because they are actually a reasonable size(just 32 engineers) for the complexity of their tech, and they provide a really useful service. Compared to say groupon which hi…
I have no love for Groupon but that comparison is nonsense.
Re: Facebook
#76Earlier quoted context omitted.
Yea, whatsapp has a nosebleed valuation because of it's user base size and lock in effect(zuck hopes at-least, vulnerable to changes in ios and android default messenger), but i'd say its definitely real. I respect them a lot more than say groupon, because they are actually a reasonable size(just 32 engineers) for the complexity of their tech, and they provide a really useful service. Compared to say groupon which hi…
That's apples to orange, you are comparing the tech employees of a tech company to the sales employees of a marketing company that needs to call its customers and prospects all over the world again and again. I have no love for Groupon but that comparison is nonsense.
Re: Facebook
#77That'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…
I imagine they made ~$100m last year (400m active users, I'm guessing 100m of which using for more than a year), which is almost guaranteed to go up. For a company with ~50 employees how is that not sustainable?
Re: Facebook
#78Here’s what will change for you, our users: nothing. Here's what will change for us: http://i.imgur.com/3Px9d9K.jpg
Re: Facebook
#79Today we are announcing a partnership with Facebook that will allow us to continue on that simple mission."
Should be followed with this then:
"This is why we are not going to keep any money to ourselves and invest in our infrastructure and employees."
Hate CEO bullshit, just be frank.
Re: Facebook
#80~$40/user. Skype, second time, sold for ~$15/user. Time Warner just sold for ~$4/user. Good thing for FB bank account that "OTT messaging" is just a fad while the carriers get their acts together ; )
Is it even possible to monetize the app to such extent? I tried to use it a few times but never managed to see any hard money potential inside.