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How Things Change

ujjwal soni
Ranch Hand

Joined: Mar 28, 2007
Posts: 403
The guy who started Whatsapp was turned down by Twitter and Facebook, 4 years later Facebook pays $19 Billion to buy his company.

http://techcrunch.com/2014/02/19/how-things-change/


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Ujjwal B Soni <baroda, gujarat, india> <+919909981973>
"Helping hands are better than praying lips......"
Jesper de Jong
Java Cowboy
Saloon Keeper

Joined: Aug 16, 2005
Posts: 14074
    
  16

A crazy amount of money. I wonder why a company that has just a single, simple app is worth $ 19.000.000.000.


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Stephan van Hulst
Bartender

Joined: Sep 20, 2010
Posts: 3575
    
  14

User base.
Ulf Dittmer
Marshal

Joined: Mar 22, 2005
Posts: 41065
    
  43
User base.

... and more specifically, a somewhat younger user base than FB has - an age group where FB has struggled to retain users lately. But it's still a lot of money for a company that -AFAIK- only makes money via the $1/y charge to users after 12 month. I bet users will start seeing ads in the not too distant future.


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Stephan van Hulst
Bartender

Joined: Sep 20, 2010
Posts: 3575
    
  14

"What are you saying?"

"I can't read".



[c78dbc08_facebookwhatsapp.jpg]

 
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