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> how come mobile apps and websites get valued Can you name many apps and websites that closed (aka IPO or sold, not funding round) at 10+/20+ billion? Unless
by praneshp 8y ago
> how come mobile apps and websites get valued
Can you name many apps and websites that closed (aka IPO or sold, not funding round) at 10+/20+ billion? Unless you're going to go for the stupid "uber is an android app my kid could could make for their senior project" shtick, I think most 10b+ apps are backed by _real_ technology
- finkin1 8y agoWhatsApp ~$22B acquisition by Facebook. LinkedIn ~$26B acquisition by Microsoft. Those are two that I can think of from memory.
- praneshp 8y agoAh, I see. Not only do you have to have made solid technology, it should not be delivered through an app or website. I didn't realize those were the goalposts. (https://engineering.linkedin.com/open-source https://engineering.linkedin.com/open-source as as starting point)
- finkin1 8y agoI'm not agreeing with OP's assumption that there isn't any tech in apps or websites. I'm just giving you examples so that you can stop wasting your time with the least charitable interpretation of OP's point and actually respond to what he might have meant.
- tntn 8y agoSnapchat? (IPO valuation of 33 B) (Not interested in playing the no true technology game, just pointing out that snapchat is the highly valued mobile app that comes to my mind)
- praneshp 8y agosorry, I should have moved the end of my comment ("are backed by _real_ technology") to the end of my first statement.
- godelmachine 8y agoLinkedIn - $23Bn.