Yesterday, Kevin Kelleher wrote an excellent breakdown of Facebook’s second quarter earnings, and Wall Street’s typical “sure you created a $ 3 billion a quarter mobile ad business from nothing, but what are you going to do next” response.
But I found one fact that came out of it just staggering: Facebook Messenger– launched just earlier this year– has 700 million monthly users. Compare that to 800 million for WhatsApp– a company that Facebook– the only $ 100 billion super unicorn of the last cycle– gave up a whopping ten percent of its market cap to acquire…
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