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Unfortunately there's a hard cap on the number of potential users in the world. There's about 7 billion people in the world right now, even if we're generous an
by asnyder 16y ago
Unfortunately there's a hard cap on the number of potential users in the world. There's about 7 billion people in the world right now, even if we're generous and suggest that 50% of the population are potential users you're limited to a 3 billionish maximum. They currently claim over 500 million active users, which means they're already at 1/6 of their maximum. Furthermore, the law of diminishing returns suggests that their growth will slow as they get close to their population limit. So unless they can figure out how to monetize those users in some significant way I can't see the potential for revenue being close to what the current evaluations are suggesting.
- aheilbut 16y agoIrony is no fun when it is explained.
- kondro 16y agoIronically that was sarcasm anyway.
- aheilbut 16y agoYou're right! I'm so terribly sorry for getting my words all confused. It's a great thing that HN has such sharp and savvy editors like you to set shmucks like me straight.
- kondro 16y agoYou're very welcome :-).
- asnyder 16y agoYeah, I figured it was, but I wasn't completely clear on it, so I commented.
- rms 16y agoOr is it pseudo-irony?
- kondro 16y agoIt's Alana Morriset irony.