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Yea, whatsapp has a nosebleed valuation because of it's user base size and lock in effect(zuck hopes at-least, vulnerable to changes in ios and android default
by soup10 13y ago
Yea, whatsapp has a nosebleed valuation because of it's user base size and lock in effect(zuck hopes at-least, vulnerable to changes in ios and android default messenger), but i'd say its definitely real. I respect them a lot more than say groupon, because they are actually a reasonable size(just 32 engineers) for the complexity of their tech, and they provide a really useful service. Compared to say groupon which hires thousands of salespeople and provides a marginally useful service. Their success has and will continue to drive down sms price gouging, and I think that's a good thing.
- nolok 13y agoThat's apples to orange, you are comparing the tech employees of a tech company to the sales employees of a marketing company that needs to call its customers and prospects all over the world again and again. I have no love for Groupon but that comparison is nonsense.
- soup10 13y agoI'm just saying groupon it's a stupid company that wastes capital IMO(obviously everyone has a different idea of how capital should be put to use). If groupon actually had a good product, retailers would be calling them.