Digging for Meaning

Facebook pays $19B for whatsapp. instagram goes for a billion... What kind of desperation is this? how can these acquisitions be justified? Even if you dig in numbers, there is no method to the madness - typically they would compare customer acquisition cost (which are astronomical for a category with such a low entry barrier and high attrition rates of users. And just try to realize the promised full potential of monetization - and see if the userbase doesn't evaporate.). Compare those numbers for geocities, aol, myspace, whatsapp.. (and for a sanity check, other industries). All money down the drain. Why is all the money being made in 'exits'? That is not a sustainable way for an industry to thrive. Then some talk about potential in a monopoly & ecosystems tying down people. But that's the sure sign of a dying desperate game. When the game changes from that of creating awesomeness, to cornering access - that is a sure sign of impending irrelevance. People swi...

"The world will grow!" The word will grow. surfing on a speed boat in the sea of words, corporate predictions of economy & industries dash against reality ineffectually, withering away like soap suds. Those smooth upward curves promised by the analysts need to wear the wrinkles of human condition. The modern day charlatans, safely tied to a tie and behind glass skyscrapers, let the excel sheets do their legwork. They exercise the columns and rows, stretching the formula here & there. where's the variable of ineffective leadership? where's the variable of the will of the young? where's the variable of the villages burnt down by hatred? where's the variable of the dreamer's dreams? In the least, where's the rear view mirror? If you must let a quack exist, teach him to be entertaining at least.