Re:Facebook Buying WhatsApp for $16B in Cash and Stock Plus ...
by dba7dba on Wednesday February 19, 2014 @05:27PM
(#7266841)
the startup market of other messenger apps? The ones that are around are already big and profitable (KakaoTalk, LINE etc).
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Re:Facebook Buying WhatsApp for $16B in Cash and Stock Plus ...
by psbp on Wednesday February 19, 2014 @05:31PM
(#7266893)
The bubble spreads across all tech startups. Before it was whether your product could be viral enough to match snapchat's $1 billion, now it's whatsapp's $16 billion.
This creates a very unhealthy attitude around tech startups that will have a cascading effect on the entire industry. It's like a hegemonic military policy. The strategy doesn't matter, as long as you have a big stick.
Re:Facebook Buying WhatsApp for $16B in Cash and Stock Plus ...
by flyinglizard on Wednesday February 19, 2014 @05:34PM
(#7266912)
@psbp ... and before that it was Instagram's $1b. It was a running joke back then.