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450. I can't believe they spent 16 billion dollars for just 450 million active users. That's $35 per user. 32. Well, they can't be acquiring the talent, becaus
by kosei 13y ago
450. I can't believe they spent 16 billion dollars for just 450 million active users. That's $35 per user.
32. Well, they can't be acquiring the talent, because no matter how good they are, it's crazy to spend $500,000,000 per employee.
1. Speaks to the potential risk that it'll be to monetize this base and change the business strategy considering it's built on the idea of no ads and a low charge.
0. Fair enough, they created a massively successful product without any marketing. That said, not exactly sure how it translates to future profitability.