Not that many services in the world that can reach a billion people, and all the ones that do [are] incredibly valuable. ~Mark Zuckerberg
Adam Rifkin stashed this in Active Users
Chart from Weaving Capital and Chamath Palihapitiya
Stashed in: Google!, Facebook!, Zuck!, Billions!, internet, Facebook Acquisitions
Facebook’s Standalone App Plan: Launch Betas, If They Work Grow To 100M Users, Then Monetize:
Facebook plans to launch more standalone apps, and today on its Q1 earnings call, Mark Zuckerberg laid out a blueprint for picking which ones to throw the company’s weight behind.
On the investor call after the Oculus acquisition was announced, Zuckerberg said “There just are not that many services in the world that can reach a billion people, and all the ones that do just have to be incredibly valuable.” Right now, Google controls four of the (at least) seven services that are that popular: Google, YouTube, Chrome, and Android.
Facebook wants more of its own.
Current priority for Instagram, WhatsApp, and Oculus is growth, not monetization.
4:19 PM May 06 2014