The Off Topic Topic

[Grey Fox]

So Facebook buys WhatsApp for 19 billion dollar. I am a WhatsApp user and pay 99 Euro cents per year for the service. Presumably so do hundreds of millions, but that still makes for a revenue of hundred of millions and presumably much lower profit. How can such a high price be justified?

Ads, lots & lots of ads.

Plus information from conversation of 450+ millions of monthly users.

[Ideologue]

I own a 2000 Camry with a smashed ass.

No tail for you.

You could not be more deeply incorrect.

[Admiral Yi]

But co-determination requires union representation both legally and practically.

Why?

[Admiral Yi]

The corporate charter of Volkswagen actually specifies that you need a 2/3 majority in the 20 person supervisory board for decisions on building/closing production plants. And you have to consider that two of the shareholder representatives are currently the social democrat prime minister and economics minister of Lower Saxony, so the union representatives plus social democrat politicians have a simple majority in the supervisory board.

I must be missing something.  That sounds like 3 out of 20 votes.

[Sheilbh]

But co-determination requires union representation both legally and practically.

Why?

I don't know legally. It's American law, but it was mentioned in all the articles.

I suppose you wouldn't need to practically, but I think it would make it easier given that works councils will make decisions that are binding on all workers.

I must be missing something.  That sounds like 3 out of 20 votes.

The unions have 10 seats already, plus the 2 more Zanza mentioned.

[Barrister]

So Facebook buys WhatsApp for 19 billion dollar. I am a WhatsApp user and pay 99 Euro cents per year for the service. Presumably so do hundreds of millions, but that still makes for a revenue of hundred of millions and presumably much lower profit. How can such a high price be justified?

Ads, lots & lots of ads.

Plus information from conversation of 450+ millions of monthly users.

Apparently though WhatsApp doesn't have any ads.

[Grey Fox]

It will now.

Instagram didn't have any either.

[Sheilbh]

Highest rents in the US. Everyone stop moving to North Dakota

[Grey Fox]

eh, it's just like Fort McMurray in Alberta.

Lots of people making north of 60k/year & no actual building to house them.

[garbon]

Ah, I was pleasantly surprised to see NYC not on the list but then realized that they did it based on entire metro area - which is what brought NYC way down.

[Admiral Yi]

Yup.  No one's losing money moving to North Dakota.

[Sheilbh]

So it turns out Fry and Laurie predicted Tinder/Grindr:
https://www.youtube.com/watch?v=NuWGVmlkLKo

[alfred russel]

You could not be more deeply incorrect.

I've never seen someone more excited to lick other people's buttholes.

[Zanza]

Ads, lots & lots of ads.

Plus information from conversation of 450+ millions of monthly users.

If they make WhatsApp unattractive, users will move on to the next app. It's not like what WhatsApp offers is unique or hard to implement. It's convenient as it is, but tinkering just a little could destroy it.

[Malthus]

I've never seen someone more excited to lick other people's buttholes.

Is this the thread for discussing Viktor Yanukovych?