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Because messaging is a fundamental aspect of humanity, and because WhatsApp, Messenger and Slack now have platforms that almost anything and everything can be b
by austenallred 9y ago
Because messaging is a fundamental aspect of humanity, and because WhatsApp, Messenger and Slack now have platforms that almost anything and everything can be built on, producing ungodly amounts of money.
- detaro 9y agoWhich one of those are really producing "ungodly amounts of money"? They have tons of users, but as far as I know WhatsApp and Messenger don't have much in the way of commercial integration to "build almost anything and everything" yet?
- saosebastiao 9y agoIs there any publicly available proof that WhatsApp, Messenger, or Slack are producing godly amounts of money? Because as far as I can tell: * WhatsApp only produced large amounts of money for the founders but never profited and was intentionally never priced for massive profits. * Messenger's monitization efforts have only been experimental so far, and those experiments have been lackluster from a revenue standpoint. * Slack's financials are private and their most recent revenue claims that I have found are two years old but only $30M which would still be substantially far away from the billion dollar range even if they were in the 99th percentile of growth rates for VC backed companies. In fact, industry estimates are that the market for messaging is growing but still <$10B. When compared to the sort of money that a single company makes from advertising on their search engine, some might say that messaging is still producing very normal human levels of money and nowhere near ungodly territory.
- austenallred 9y agoButterfield has talked about Slack's revenue already being in the billions