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Not sure why you're being downvoted, that was my first thought as well. Sure, I understand the concept of defensive acquisitions, valuation as what people are w
by Tossrock 12y ago
Not sure why you're being downvoted, that was my first thought as well. Sure, I understand the concept of defensive acquisitions, valuation as what people are willing to pay, per-user value, developing world markets, etc. But rockets are still rockets, and a messaging app is still a messaging app. I think it's the incredible disparity in total embodied energy for WhatsApp vs SpaceX that makes this intuitively hard to accept.
- 3pt14159 12y agoTo be fair whatsapp is not just a single messaging app, it's hundreds that work on all sorts of shitty phones in all sorts of languages.
- tsotha 12y ago>But rockets are still rockets, and a messaging app is still a messaging app. I think it's the incredible disparity in total embodied energy for WhatsApp vs SpaceX that makes this intuitively hard to accept. The hardest thing I ever did as an investor was let go of thinking there's some correlation between the things I like and market value.