Friday, February 21, 2014

Winners take all

Recent acquisition of Whatsapp by FB was at a staggering price of $19B. For the 55 employees in Whatsapp, it is a whopping $345M value for each employee. This is another example of "winners-take-all" as described in Chap. 10 of the book "The Second Machine Age". With the combined juggernauts of FB and Whatsapp, probably only WeChat in China can be the relevant competitor in IM market.

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