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Whatsapp got pretty big at 1 eur/year (iOS) and 1 eur for lifetime (Android) here in the netherlands. I do fear they'll loose most tech un-savvy users because
by teekert 3y ago
Whatsapp got pretty big at 1 eur/year (iOS) and 1 eur for lifetime (Android) here in the netherlands.
I do fear they'll loose most tech un-savvy users because they don't know how to pay (safely).
- wkat4242 3y agoThat doesn't mean they were actually profitable at those rates though. They could have been in growth hacking mode with venture backing.
- danielheath 3y agoThey were well-known for not doing that, though.
- wkat4242 3y agoHmm but then how did they manage before asking for that 1 euro? There were a whole lot of years where it was completely free (yes before the Facebook takeover). Here in Europe we've only needed to pay once or so until it got taken over. There must have been some kind of venture backing because there was no money coming in at all from users for a long time.
- danielheath 3y agoI looked further and you were pretty spot on! It ran a loss of 138 million in 2013 alone according to their SEC disclosures for that year.