Tech Africa - 10 lessons (Africans are learning) from Facebook-WhatsApp deal

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Technology

Published on February 26, 2014

Author: nubikayode

Source: slideshare.net

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Tech Africa - 10 lessons (Africans are learning) for startups and businesses from Facebook-WhatsApp deal

10 lessons (Africans are learning) from that $16 billion Facebook just gave WhatsApp

1. Don’t. You. Ever. Stop. Moving. The dramatic difference five years has made in the life of Brian Acton is enough to give pause.

2. WhatsApp focused on building its user base – headed for a billions users.

3. Mobile Only versus Mobile First. We’re on the right path, Africa.

4. High Risk, High Returns – Sequioa – $60mn and only investor getting $3bn.

5. Engagement is key – Zuck admits WhatsApp did more engagement than Facebook. He obviously couldn’t sleep on this.

6. Align with the future – Zuck got 1 billion users with Facebook and plans to get next 1 billion with mobile and WhatsApp was already on track.

7. Build a kick ass product – WhatsApp is nothing but kick ass. Simple. Cross platform. Awesome UX, UI, and innovative.

8. Patient dog. Fattest bone. Instagram – $1bn, Snapchat – $3bn(offered), WhatsApp – $16bn.

9. Mark Zuckerberg now owns half the world. He is the AntiChrist.

10. [Insert your local proverb here] Over to you, motivational speakers and pastors!

10 lessons (Africans are learning) from that $16 billion Facebook just gave WhatsApp by @NubiKay for:

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