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WhatsApp, with 0 revenues and no clear business model was acquired for $19.3 billion (in 2014 US dollars). It had no assets to speak of, just decent market pene
by sofixa 2y ago
WhatsApp, with 0 revenues and no clear business model was acquired for $19.3 billion (in 2014 US dollars). It had no assets to speak of, just decent market penetration of a cheap and relatively moat-resistant market.
- dietr1ch 2y agoThe conversation metadata surely has a price for a company factoring in billions in privacy related fines to run their projects
- dietr1ch 2y agoConversation metadata surely has a price to a company factoring in billions in privacy related fines to run their projects
- siva7 2y ago> no clear business model Here lies your error. They clearly had a business model worth 19b, just not the traditional one you would expect and it paid out for Meta, saving the company to keep their relevance since the youth doesn't use facebook anymore.
- mynameisvlad 2y agoTo be fair, the youth dont use either Instagram or WhatsApp for communication anymore, so it only delayed their irrelevancy.
- siva7 2y agoWhat do they use instead?
- ignoramous 2y ago> [WhatsApp] with 0 revenues and no clear business model That's not true? DigitalTrends lets us in on WhatsApp's business model, said to pull in about $100 million in revenue... https://www.idownloadblog.com/2013/04/07/google-1billion-whatsup/ https://www.idownloadblog.com/2013/04/07/google-1billion-wha... (2013) / https://archive.ph/A9JMN https://archive.ph/A9JMN