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and in the end they sold out to facebook who will over time do whatever they damn please with whatsapp
2 weeks, 2 days ago on The Anti-Snapchat: WhatsApp’s nosebleed price is a lesson for Silicon Valley’s hype addict brogrammers
@KenG I must disagree with your assertion that Facebook earns no money from Instagram. In short order Facebook will put ads all over Instagram and will earn billions from it. You must know that. Facebook did $8 billion in revenue last year. Its a $200 billion company.
Whatsapp is the strongest competitor Facebook has experienced. Whatsapp is a social network. It is now sharing more photos daily than Facebook.
Facebook is paying this money to protect what it already owns. The photo sharing social market. That why they are paying it. It may not make sense from a dollars and sense PE ratio but it protects Facebook from being eclipsed by Whatsapp.
The government and DOJ and SEC should block this merger.
It hurts consumers. Consumer choice is being hurt because while Facebook might not put ads on whatsapp they will surely mine your data. I dont want Facebook in my life. Whatsapp was a great alternative to Facebook. Now by this merger that consumer choice is being KILLED.
By the way... isnt it funny how the Whatsapp guys swore they wouldnt become Facebook and wouldnt sell out and blah blah blah and along comes a big check and they sell out. horrible but I guess expected.
Anti-trust law protects consumers in the United States.
All the other messaging apps in China, Japan, and Korea do not have the marketshare in America as does Whatsapp. It is Whatsapp that is the strong competitor in America for Facebook not the other countries apps.
I disagree with anyone who says the kids will just switch to another app. Nobody wants to recreate their social network. Those "costs" are why Facebook is still Facebook today. Despite all the talk about Facebook losing people they have more people than ever... including more teens. And they own Instagram.
Truthfully, do we want one company owning the communications in our country.
Its getting that way. Our Gov is not taking the size of these companies and their domination seriously. I dont want to be tracked all over the net. Do u ?
2 weeks, 2 days ago on Follow the photos: The real reason Facebook just paid almost 10% of its market cap for WhatsApp
how can the gov not block this merger?
this is coke buying pepsi
this totally hurts consumers
where is the DOJ?
where is the GOV?
are they going to do their job?
can anyone just buy anyone today?
whatsapp said NO ADS ever
and they would not track us
is the gov going to let facebook just buy away all the consumer choices ?
2 weeks, 3 days ago on Follow the photos: The real reason Facebook just paid almost 10% of its market cap for WhatsApp
@DanielTaibleson how can our government just allow facebook to buy up the competition
snapchat has no more than 20 million users.
2 months, 3 weeks ago on Conversation @ http://www.entrepreneur.com/article/230335
i do not believe this story at all.
provide more proof.
what 14 year old opens a store?
how did he sign a lease?
where did he get the $ ?
did he have a very successful bar mitzvah ?
in debt $200,000 and then he found $200,000 worth of equipment for $10,000 and sold it for more -- dont believe it.
borrowed money from his neighbor? at $1000 a week interest? come on now. can you borrow that much money from your neighbor ? no i couldnt either.
this is like the fake ebay story that went around for years
and you forgot to note how he screwed his investors and was sued.
yeah he got away with it.
bad guys often do.
2 months, 3 weeks ago on Conversation @ http://www.entrepreneur.com/article/230150
Vanity Fair wrote a bunch more truthful article than did Blodget's BusinessInsider.
I think BusinessInsider is kissing a lot of people's butts trying to get itself bought.
Nick Carlson's article is bunk on Marissa Mayer.. Its a puff piece.
Read the truth:
Its a very different article than Nick wrote.
2 months, 4 weeks ago on You won’t believe who we interviewed for our final PandoMonthly New York of 2013. (It’s Henry Blodget)
I find this article with Native Advertising very sneaky and self serving.
another box of cheap crap low quality shipped to your door monthly. $21 a month. no thanx.
5 months, 3 weeks ago on Is it crazy to start an e-commerce company in the age of Amazon?
the features convo says it has the others can copy fast. its too late for convo to win this space with a few new features.
5 months, 3 weeks ago on Playing the long game: why one company chose product over growth
facebook is not a scapegoat. it's the problem cause its the service we use.
cancel your facebook account and watch how much happier you get.
people just brag on facebook.
5 months, 3 weeks ago on Facebook: the Web’s unhappiness scapegoat
wow. anyone speaking against steve jobs is ignorant period.
bunch of morons who dont know history and who cant FEEL HISTORY cause they were not there.
(most johnny-come-lately-tech-boys probably under 35 years of age)
i am no apple fan boy either.
but give credit where its due haters.
apple commericalized (or invented) everything you all hold dear!
i like elon but he is not steve jobs any decade soon.
elon musk's first business was a zip code directory he was lucky to sell before the dot com bubble burst.
otherwise he would be done.
his next business was x.com which he also luckily merged with paypal.
and now tesla... which is attempting to commericialize another companies' electric car technology.
tesla did not invent this technology and it has not commercialized it yet either.
20,000 cars sold please! toyota will quickly outsell tesla in electric cars and porsche already has out a better one than the tesla roadster.
i am a pc guy from the beginning. i owned an ipod but never a mac and never an iphone.
but heck... dont be bashing steve jobs. thats just ridiculous.
he wasnt the nicest guy but he sure was beyond great.
lastly, why not throw Isaac Asimov in your list. Musk is closer to him.
5 months, 3 weeks ago on Now it’s not even close – Elon Musk is more important to society than Steve Jobs ever was
this has been tried before many times. its a gimmick.
the bottom line is that you dont get any better of a deal.
even priceline couldnt pull this off
if you dont get a deal by getting VENDORS to BID for your business than whats the damn point?
groupon is a 3 billion dollar business. you make it sound like they failed. NOT.
8 months, 2 weeks ago on Sequoia bets $12.5 million that Thumbtack will finally solve discovery for local services
tell em Lacy.....
Twitter f*d up
the SEC and DOJ should have blocked the facebook-instagram deal on anti-trust grounds.
the stupid SEC and DOJ tried to call instagram just a camera picture taking service.... meanwhile it had 40 million members and was growing by 10 million members a month -- it was clearly the strongest competitor to facebook
and everyone knew mark zuckerberg was scared as facebook was nowhere on mobile with a failing HTML5 solution for mobile that just didnt work.
it should have been bought by twitter or more so GOOGLE
twitter screwed up letting facebook save their own butt buying it
8 months, 3 weeks ago on PandoMonthly New York with Union Square Ventures’ Fred Wilson, the full interview
its unbelievable that they can get this DUMB MONEY. this is DUMB MONEY.
what competitive MOAT do they have?
i have seen this a thousand times. this will end very badly for the dumb money.
if bobby kotick (of activision) (SMART MONEY) doesnt want to buy you something is wrong !!!!!!!!!!!
8 months, 3 weeks ago on Kabam raising $50 million for employee liquidity amid IPO drought for game companies
siebel is not gone. its sold by oracle today. huge banks use it.
8 months, 3 weeks ago on The three risks
for months and months before the deal closed I urged WILSON and others to get the SEC and DOJ to realize that allowing Facebook to buy Instagram was against anti-trust laws.
allowing the #1 social network to buy the #2 social network should have been blocked
the SEC and DOJ were pretending that Instagram was just a camera picture taker
meanwhile it already had 40 million networked users and was growing fast as could be
its was a damn social network not just a camera app
would they allow google to buy yahoo? of course not.
why didnt google buy instagram?
they could have easily out paid facebook
sometimes I think these guys just arent that smart and this was an obvious one.
8 months, 3 weeks ago on Fred Wilson on Twitter’s “huge, enormous” mistake
Does PayDragon have to pay Amazon a royalty for using 1 click?
haha. kinda funny that you can patient 1 click -- isnt that obvious and thus unpatientable?
9 months, 2 weeks ago on Redesigned PayDragon Brings Instant Mobile Commerce and Free Delivery to Household Items
so let me get this straight. they are going to lose large amounts of money? how do they make money?
how are they fulfilling all their orders with less than $2 million raised?
also how many times have they given away $2 dollars for customer referrals?
if they had a million customers wouldnt that already exaust their $ ?
9 months, 2 weeks ago on PayDragon proves that mobile grocery ordering is sticky, sees revenue grow 35% per week
AIRBNB NEEDS TO BE PUT OUT OF BUSINESS ALSO
DO YOU REALLY WANT CHEAPOS AND TRANSIENTS COMING IN AND OUT OF YOUR BUILDING AND CONDOS?
THATS WHY WE HAVE LAWS REGARDING ZONING
CAN WE MAKE FOOD IN OUR KITCHENS AND JUST SELL IT TO ANYONE?
RUN A RESTAURANT OUT OF YOUR HOME AND HAVE DELIVERY TOO?
9 months, 2 weeks ago on What are the effects of RelayRides’ New York cease and desist?