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In fact, at current market caps, you could very well go ahead and buy the whole damn shipyard instead [1]. And its next-door neighbor in Geoje, Samsung Heavy In
by gone35 12y ago
In fact, at current market caps, you could very well go ahead and buy the whole damn shipyard instead [1]. And its next-door neighbor in Geoje, Samsung Heavy Industries, one of the largest shipbuilders in the world (even accounting for its recent merger with Samsung Engineering) [2]. With the right multiples, you could even end up with enough chump change to get yourself another Minecraft or something.
I have a feeling something is not quite right here.
[1] http://www.bloomberg.com/quote/042660:KS http://www.bloomberg.com/quote/042660:KS
[2] http://www.reuters.com/article/2014/09/01/us-samsung-hvy-ind-samsung-engineering-idUSKBN0GW11D20140901 http://www.reuters.com/article/2014/09/01/us-samsung-hvy-ind...
- pas 12y agoWell, you don't get 450 million potential users with a shipyard. Currently users are in high demand, so supply-and-demand, and prices. You know, black magic, they say. If they can monetize 10% of whatsapp users for 100 usd per year, that's 4.5 billion, so that 20 billion will come back soon. Just the .99 USD App Store yearly fee nets them probably enough to run the thing. Also, opportunity cost, grabbing those sweet-sweet innocent users from the table before others, probably worth something too. It's scary how big these numbers are, how little difference we can perceive of them behind our screens. Probably the best way is via images like these: https://www.google.com/search?q=hong+kong+protest+phones&safe=off&tbm=isch https://www.google.com/search?q=hong+kong+protest+phones&saf...
- gone35 12y agoMakes total sense. And I'm sure the Rapa Nui down in Easter Island also had some kind of self-consistent story to tell themselves too.
- sliverstorm 12y agoIf they can monetize 10% of whatsapp users for 100 usd per year Has any mobile user ever been monetized for $100/year, on any software ever...?