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Old 04-08-2013, 12:37 PM   #58501
StoppedRainingMen
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Re: SE FAQ, Liveblog & Reading is FUNdamental

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I just find it incredibly hard to believe that, fundamentally, anything named "WhatsApp" can actually be worth a billion dollars.
i find it harder to believe something called "draw something" can be worth 200 million, but here we are
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Old 04-08-2013, 12:48 PM   #58502
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Really? Draw something is pretty fun and the Idea is somewhat original (afaik). Whats app is just a messaging service right? Doesn't seem unique and seems replaceable. Don't know a whole lot about whatsApp though.
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Old 04-08-2013, 12:49 PM   #58503
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Re: SE FAQ, Liveblog & Reading is FUNdamental

Sounds like the value is more in the cross platform functionality.

Yahoo paying a 17 year old in Britain $30 mil last week for an app that makes scrolling easier seems like a bargain now.
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Old 04-08-2013, 12:52 PM   #58504
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Re: SE FAQ, Liveblog & Reading is FUNdamental

A theory behind that app is that it it was only being used as a test-case in its current form and the actual value was in the search indexing and yahoo may develop it into some type of specialized (content) search engine.
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Old 04-08-2013, 12:56 PM   #58505
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Quote:
Originally Posted by AcTiOnJaCsOn View Post
Really? Draw something is pretty fun and the Idea is somewhat original (afaik). Whats app is just a messaging service right? Doesn't seem unique and seems replaceable. Don't know a whole lot about whatsApp though.
I mean, WhatsApp technology is significantly more valuable, especially if its proprietary.

Makes plenty of sense for Google
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Old 04-08-2013, 12:58 PM   #58506
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Re: SE FAQ, Liveblog & Reading is FUNdamental

CDL is apparently the smartest person I've encountered who:

1. Willingly defrauds himself out of an education.
2. Wont take free money when the opportunity presents itself.

I guess ethics come and go.
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Old 04-08-2013, 12:59 PM   #58507
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Re: SE FAQ, Liveblog & Reading is FUNdamental

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I mean, WhatsApp technology is significantly more valuable, especially if its proprietary.

Makes plenty of sense for Google
is there anything it does besides text/sms message?
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Old 04-08-2013, 01:10 PM   #58508
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Re: SE FAQ, Liveblog & Reading is FUNdamental

its a way around paying for sms
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Old 04-08-2013, 01:11 PM   #58509
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Re: SE FAQ, Liveblog & Reading is FUNdamental

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is there anything it does besides text/sms message?
Well, it handles messaging cross-platform without having to pay SMS and it's the leading cross-platform messaging service. Google is basically shopping for messaging software for the next line of Androids. $1 billion is a lot of money, but it's not a shocking amount when you consider how many Androids sold in 2012 and how important cross platform messaging is for Droid users.

I think WhatsApp is used more outside of the US.
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Old 04-08-2013, 01:19 PM   #58510
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Re: SE FAQ, Liveblog & Reading is FUNdamental

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you should have formed a coalition with the other smart people in your office and become your own boss
lolol
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Old 04-08-2013, 01:26 PM   #58511
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Re: SE FAQ, Liveblog & Reading is FUNdamental

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Someone actually bought and paid for a BLT sandwich yesterday. Literally white toast, bacon, tomatoes, lettuce, and mayo. So pointless.
wat, BLTs are delicious
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Old 04-08-2013, 01:26 PM   #58512
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Re: SE FAQ, Liveblog & Reading is FUNdamental

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Well, it handles messaging cross-platform without having to pay SMS and it's the leading cross-platform messaging service. Google is basically shopping for messaging software for the next line of Androids. $1 billion is a lot of money, but it's not a shocking amount when you consider how many Androids sold in 2012 and how important cross platform messaging is for Droid users.

I think WhatsApp is used more outside of the US.
Yeah, to clarify, I don't have any opinions on the deal in a strict business sense from Google's POV. It's just a sense of awe at how "easily"/quickly huge sums of wealth can be created in this particular market, as in excerpt, which never fails to stun me (especially the "13 employees" part.) Smartphones are amazing.
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Instagram began development in San Francisco when Kevin Systrom and Brazilian Michel "Mike" Krieger chose to focus their multi-featured HTML5 check-in project Burbn on mobile photography. On March 5, 2010, Systrom closed a $500,000 seed funding round from Baseline Ventures and Andreessen Horowitz while working on Burbn....

...In its largest acquisition deal to date, Facebook made an offer to purchase Instagram (with its 13 employees) for approximately $1 billion in cash and stock in April 2012, with plans to keep it independently managed.
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Old 04-08-2013, 01:38 PM   #58513
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Re: SE FAQ, Liveblog & Reading is FUNdamental

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wat, BLTs are delicious
Yeah his post made no sense at all. He might as well have posted "someone actually bought and paid for a car yesterday. Literally four wheels, an engine, a braking system, and headlights. So pointless." Uh ok br0.
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Old 04-08-2013, 01:38 PM   #58514
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Re: SE FAQ, Liveblog & Reading is FUNdamental

Yeah, being compared a lot to Instagram deal, which I thought Facebook overvalued.

I think WhatsApp deal would be a bigger win for Google than Instagram for Facebook.

I'm usually perplexed at how Facebook continues to approach things from a business POV however. They've made a good many poor decisions with very few acquisitions or investments that have paid off big. Google OTOH has an aggressive risk-taking approach that pays off as often as it crashes and burns
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Old 04-08-2013, 01:41 PM   #58515
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Re: SE FAQ, Liveblog & Reading is FUNdamental

I'm a couple pages behind and grunching...so maybe it's been discussed in the last couple page but does anyone need to be punched in the face harder than Bill Rancic?
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Old 04-08-2013, 01:42 PM   #58516
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Re: SE FAQ, Liveblog & Reading is FUNdamental

Instagram purchase was more about neutralizing a potential competitor more than it was proprietary advancement though
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Old 04-08-2013, 01:42 PM   #58517
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Re: SE FAQ, Liveblog & Reading is FUNdamental



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Old 04-08-2013, 01:48 PM   #58518
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Re: SE FAQ, Liveblog & Reading is FUNdamental

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Originally Posted by StoppedRainingMen View Post
Instagram purchase was more about neutralizing a potential competitor more than it was proprietary advancement though
Agree. This is where I think Facebook faces a ton of trouble. They will have to invest more billions neutralizing the field. Facebook business model is just built to fail eventually.

I don't think the Apple/Twitter purchase will happen, but something of that significance will happen in the next 5-10 years and will be pretty damaging to FB's market share
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Old 04-08-2013, 01:54 PM   #58519
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Re: SE FAQ, Liveblog & Reading is FUNdamental

the only frustrating thing about instagram is that it gives these faux artist ****s the unmediated license to take a picture of every meal or place they travel to during the day, put a filter on it, and constantly plaster your facebook wall in a slew of over-sharing.

Over sharing has become an epidemic. I know a guy that checks in every place he goes to on four square, reposts random pics on the internet, tweets out generic sayings he likely procured elsewhere, retweets various things, and takes a pic of every drink/meal he has and labels it with the hashtag #pouritup or #foodporn. I mean, really?
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Old 04-08-2013, 01:55 PM   #58520
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Re: SE FAQ, Liveblog & Reading is FUNdamental

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Originally Posted by AcTiOnJaCsOn View Post
the only frustrating thing about instagram is that it gives these faux artist ****s the unmediated license to take a picture of every meal or place they travel to during the day, put a filter on it, and constantly plaster your facebook wall in a slew of over-sharing.

Over sharing has become an epidemic. I know a guy that checks in every place he goes to on four square, reposts random pics on the internet, tweets out generic sayings he likely procured elsewhere, retweets various things, and takes a pic of every drink/meal he has and labels it with the hashtag #pouritup or #foodporn. I mean, really?
just block his updates
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Old 04-08-2013, 02:00 PM   #58521
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Re: SE FAQ, Liveblog & Reading is FUNdamental

It's funny to me that people are so picky/controlled about who they will follow on Twitter but can't seem to do the same with Facebook
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Old 04-08-2013, 02:18 PM   #58522
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Re: SE FAQ, Liveblog & Reading is FUNdamental

i don't really pay attention to fb news feeds but ya, pretty much the worst thing about instragram is it inspiring a bunch of halfwits to think they're brilliant photo-artists. i get that's the whole appeal to instagram with its pretty filters! and what not, and in theory it's pretty cool, but in the hands of the wrong people the execution is a disaster
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Old 04-08-2013, 02:24 PM   #58523
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The USMNT twitter account applies ****ty instagram filters to everything, it's so aggravating.
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Old 04-08-2013, 02:24 PM   #58524
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Re: SE FAQ, Liveblog & Reading is FUNdamental

Every Instagram feed:









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Old 04-08-2013, 02:25 PM   #58525
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Re: SE FAQ, Liveblog & Reading is FUNdamental

That's Instagram for anyone who has never used it. Now you'll never have to!
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