It has nothing to do with your intelligence, it's your age.
Horse crap. It has everything to do with this generation's blind ignorance to Social networking. The monetization fantasy they plan on about having some mythical 500 million new users to suck dry is truly mythical mathematics.
When FB takes a real dump and Google ultimately drops their Thermostat investment people will down play both, when it's a case of a truly ignorant group of young kids getting to play big boy in the SV sandbox post 2000.
Horse crap. It has everything to do with this generation's blind ignorance to Social networking. The monetization fantasy they plan on about having some mythical 500 million new users to suck dry is truly mythical mathematics.
When FB takes a real dump and Google ultimately drops their Thermostat investment people will down play both, when it's a case of a truly ignorant group of young kids getting to play big boy in the SV sandbox post 2000.
Somebody is making a lot of money using those 'mythical mathematics'.
I still feel like I should be able to see how something can valuable to others even if I don't personally have an interest in it. I know how Barbies and Transformer toys can hold value and I know how these compressive MMORPG and FPS games are profitable and popular even though I don't engage in them myself.
Join the club. I just can't see the math working here to justify such the huge price tag. Many of my friends overseas use WhatsApp, even though I never heard of it until recently. The ironic part is that my European friends all use iPhones. So when I was there and they were trying to convince me to use WhatsApp, I turned the table around on them and showed them what iMessage, FaceTime Audio does. They were in complete awe as to their iPhone having that native ability. To them, it's all about apps.
Most people are ignorant about what their iPhones can do. I must have spent an hour with them going through all the iOS7 stuff and general concepts.
They all jettisoned WhatsApp after that.
I like WhatsApp mantra of charging $.99 cents to use it, be add-free, and they seem to be very good about privacy. It's great for developing countries like India that have very expensive phone plans and use very cheap junk Android phones.
Quote:
Originally Posted by mdriftmeyer
Horse crap. It has everything to do with this generation's blind ignorance to Social networking. The monetization fantasy they plan on about having some mythical 500 million new users to suck dry is truly mythical mathematics.
When FB takes a real dump and Google ultimately drops their Thermostat investment people will down play both, when it's a case of a truly ignorant group of young kids getting to play big boy in the SV sandbox post 2000.
I'm in this area of thinking too. Then mentality of these people throwing so much money into these black holes just reeks of adolescents with money-management problems. They have so much of it right now, and they became so rich at so young an age, they don't have the mental maturity to stop for a moment and think long-term about deals like this and whether there's value for the money.
I think $16B is an absolute waste of money considering how much WhatsApp is making right now. I read an article that the founder said they made about $20m last year and that's their first profit I think. The math just doesn't add up.
I always feel like an idiot when I read about these massive buyouts because I honestly can't comprehend exactly what about WhatsApp is worth even $1 billion, much less $16 or $19 billion.
It's a subscription app with over 450 million users, $0.99 per year after the first year. It'll have some running costs but there's only 55 staff.
WhatsApp has a steep growth curve. This will follow the adoption rate of smart devices so it'll slow down with them too but it has room to more than double again.
The reason for Facebook's price is clearer now after this Google bid. I figured they'd have wanted in on this, they're always trying to buy into social media. At least now I know a starting price to sell them my Flappy Candy Chat app for.
I would have said $5b was a more realistic amount and $10b should have sealed the deal for Google (just like ~$3b did for Nest) but clearly Facebook decided they wanted it no matter what.
I always feel like an idiot when I read about these massive buyouts because I honestly can't comprehend exactly what about WhatsApp is worth even $1 billion, much less $16 or $19 billion.
It has nothing to do with your intelligence, it's your age.
Age may have something to do with 'intelligence'...
It's a subscription app with over 450 million users, $0.99 per year after the first year. It'll have some running costs but there's only 55 staff.
WhatsApp has a steep growth curve. This will follow the adoption rate of smart devices so it'll slow down with them too but it has room to more than double again.
How many of their 400M+ users are already Facebook users, do you think?
The market and the analysts –perhaps even you -- appear to be treating this number as 0%.
Age may have something to do with 'intelligence'...
So you're saying as Soli gets older he's getting dumber?
I agree, and we all know that Soli is far from being a' idiot'. The younger generation migrate to a service/app faster than those of us in our 30s and up ever did.
Tech Bubble 2.0 is in full effect. Spend money now boys, because your stock is going to crash in the next 18 months when everyone figures out that you don't have a product, you don't have adequate revenue, and you sure as hell don't have a P/E ratio that makes institutional investors' socks roll up and down after the honeymoon is over.
Today's $billion stock swaps are tomorrow's $billion write-downs. Enjoy it while you can.
This.
On the one hand, this buyout price is greatly exaggerated because it's mostly paid for with super inflated facebook shares (funny money). On the other hand, $4 billion in cash is still far more than this company is likely to ever be really worth.
The value that Apple gets for its acquisitions is pretty impressive compared to deals like this. Heck, I bet the inflation-adjusted cumulative price of every company Apple has ever bought is noticeably less than the price of this one company.
Ok. It wouldn't kill Apple but what benefit is it to Apple to have iMessage on a Android?
It wouldn't benefit Apple, but it would benefit its users, and isn't Apple all about the 'user experience'? Most people have friends and family with a mixed bag of devices. A cross platform iMessage would dwarf WhatsApp in users.
Comments
~~The sales pitch by Page wasn't enough ....
Obviously ... because everyone knows Page and his google are full of pure shit!
It has nothing to do with your intelligence, it's your age.
Horse crap. It has everything to do with this generation's blind ignorance to Social networking. The monetization fantasy they plan on about having some mythical 500 million new users to suck dry is truly mythical mathematics.
When FB takes a real dump and Google ultimately drops their Thermostat investment people will down play both, when it's a case of a truly ignorant group of young kids getting to play big boy in the SV sandbox post 2000.
So Sorry, Googly Goo. Better luck next time (not).
Google is a lot more evil than Facebook. I'm happy to know they lost out!
Apple should just buy it for $20 billion and then shut it down as a big F U to Googs and Facebook.
Nice one lol! Facebook and Google why ......Apple because i can.. Facebook and Google but you don't even need it but we do....Apple i know
This is very significant news in the internet spying world.
Google got beaten out on this deal by a much friendlier deal.
Both FaceBook and Google knew WhatsUP here; the access to a huge number of users spread around the world.
Google knows too much about me and Facebook think they know about me, but I've been managing to give them a slip.
I wasn't into WhatsApp, so neither would have learned more about me there.
I'm sure many WhatsApp users wouldn't have been happy either way.
They'll move on to the next independent What-ever App until Google takes it over, in attempt to catch up with Facebook's user inventory.
Yeah, it would kill Apple. Different scenarios. iTunes for windows happened to sell more iPods. iMessage for android does nothing for Apple's bottom line.
Somebody is making a lot of money using those 'mythical mathematics'.
I still feel like I should be able to see how something can valuable to others even if I don't personally have an interest in it. I know how Barbies and Transformer toys can hold value and I know how these compressive MMORPG and FPS games are profitable and popular even though I don't engage in them myself.
Join the club. I just can't see the math working here to justify such the huge price tag. Many of my friends overseas use WhatsApp, even though I never heard of it until recently. The ironic part is that my European friends all use iPhones. So when I was there and they were trying to convince me to use WhatsApp, I turned the table around on them and showed them what iMessage, FaceTime Audio does. They were in complete awe as to their iPhone having that native ability. To them, it's all about apps.
Most people are ignorant about what their iPhones can do. I must have spent an hour with them going through all the iOS7 stuff and general concepts.
They all jettisoned WhatsApp after that.
I like WhatsApp mantra of charging $.99 cents to use it, be add-free, and they seem to be very good about privacy. It's great for developing countries like India that have very expensive phone plans and use very cheap junk Android phones.
Horse crap. It has everything to do with this generation's blind ignorance to Social networking. The monetization fantasy they plan on about having some mythical 500 million new users to suck dry is truly mythical mathematics.
When FB takes a real dump and Google ultimately drops their Thermostat investment people will down play both, when it's a case of a truly ignorant group of young kids getting to play big boy in the SV sandbox post 2000.
I'm in this area of thinking too. Then mentality of these people throwing so much money into these black holes just reeks of adolescents with money-management problems. They have so much of it right now, and they became so rich at so young an age, they don't have the mental maturity to stop for a moment and think long-term about deals like this and whether there's value for the money.
I think $16B is an absolute waste of money considering how much WhatsApp is making right now. I read an article that the founder said they made about $20m last year and that's their first profit I think. The math just doesn't add up.
How would it kill Apple? I remember clearly how many here wanted BBM for iOS. How is the OP's idea so far fetched?
It's a subscription app with over 450 million users, $0.99 per year after the first year. It'll have some running costs but there's only 55 staff.
WhatsApp has a steep growth curve. This will follow the adoption rate of smart devices so it'll slow down with them too but it has room to more than double again.
The reason for Facebook's price is clearer now after this Google bid. I figured they'd have wanted in on this, they're always trying to buy into social media. At least now I know a starting price to sell them my Flappy Candy Chat app for.
I would have said $5b was a more realistic amount and $10b should have sealed the deal for Google (just like ~$3b did for Nest) but clearly Facebook decided they wanted it no matter what.
I always feel like an idiot when I read about these massive buyouts because I honestly can't comprehend exactly what about WhatsApp is worth even $1 billion, much less $16 or $19 billion.
It has nothing to do with your intelligence, it's your age.
Age may have something to do with 'intelligence'...
It's a subscription app with over 450 million users, $0.99 per year after the first year. It'll have some running costs but there's only 55 staff.
WhatsApp has a steep growth curve. This will follow the adoption rate of smart devices so it'll slow down with them too but it has room to more than double again.
How many of their 400M+ users are already Facebook users, do you think?
The market and the analysts –perhaps even you -- appear to be treating this number as 0%.
So you're saying as Soli gets older he's getting dumber?
I agree, and we all know that Soli is far from being a' idiot'. The younger generation migrate to a service/app faster than those of us in our 30s and up ever did.
Tech Bubble 2.0 is in full effect. Spend money now boys, because your stock is going to crash in the next 18 months when everyone figures out that you don't have a product, you don't have adequate revenue, and you sure as hell don't have a P/E ratio that makes institutional investors' socks roll up and down after the honeymoon is over.
Today's $billion stock swaps are tomorrow's $billion write-downs. Enjoy it while you can.
This.
On the one hand, this buyout price is greatly exaggerated because it's mostly paid for with super inflated facebook shares (funny money). On the other hand, $4 billion in cash is still far more than this company is likely to ever be really worth.
The value that Apple gets for its acquisitions is pretty impressive compared to deals like this. Heck, I bet the inflation-adjusted cumulative price of every company Apple has ever bought is noticeably less than the price of this one company.
It wouldn't benefit Apple, but it would benefit its users, and isn't Apple all about the 'user experience'? Most people have friends and family with a mixed bag of devices. A cross platform iMessage would dwarf WhatsApp in users.
There is also this…