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@Holymage
I think you meant to say billion instead of million?
I think Whatsapp's monetization strategy will probably be CRM and payments related, given that it currently already allow businesses to communicate with customers en masse, and there are many Whatsapp payments apps in the works. Given it's end-to-end encryption, advertising on whatsapp is also quite inefficient.
I think you meant to say billion instead of million?
Quote:..Facebook would have a net profit of $50 million. Applying a 15x P/E, I would aggressively valuated Facebook at $746 million.
I think Whatsapp's monetization strategy will probably be CRM and payments related, given that it currently already allow businesses to communicate with customers en masse, and there are many Whatsapp payments apps in the works. Given it's end-to-end encryption, advertising on whatsapp is also quite inefficient.
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger