Re:Jet.com’s Valuation Nears $600M Before Launch
by kolev on Thursday February 12, 2015 @12:06AM
(#9037490)
Where's the Snapchat's revenue or Instagram's or WhatsApp's?
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Re:Jet.com’s Valuation Nears $600M Before Launch
by samsolomon on Thursday February 12, 2015 @08:24AM
(#9038654)
It appears that WhatApp was profitable in 2014 with $16m in revenue and $13.5m in expenses. With that said, the value to Facebook was purely strategic and was worth far more than their business model.
Re:Jet.com’s Valuation Nears $600M Before Launch
by kolev on Thursday February 12, 2015 @11:02AM
(#9039361)
And that justifies $16B?! There were strategies during the Dot-com bubble as. Facebook's leading strategy for acquisitions is insecurity.
Re:Jet.com’s Valuation Nears $600M Before Launch
by samsolomon on Saturday February 14, 2015 @11:44AM
(#9050042)
I was responding to your point about revenue. I agree that $16 Billion is an outrageous amount for that company.