However i believe that large section of customers are going to be hooked to net thru their cell phones and larger number of transactions would be done thru this medium eating a large chunk of retail sales. Smartphones would also be able to help create new services for these connected users based on real time information and analytics.
AIM DRILLING ENGINEER N A A lot of important points have been made related to valuation mechanisms. I would also like to add that compared to dot bubble days we are living in a much broader information based society that necessitates transparency. Furthermore not only is the quality of information better but the speed as well. from the late crash it Chinese Overseas America Number Data seems like investors will be more demanding as to the end destination of their funds. Besides whatsapp is only one purchase that seems like competed away from someone else I agree with the earlier made auction statement and does not constitute the main stream whereas in dot days there was a global rush into a virtual world of connectivity. So in my opinion it may be prudent to come up with a larger sample size of m a s evaluate them according to our own assumptions as we would not be as biased perhaps as the acquirers and compare the differenc e paid.
KAMAL GUPTA CEO EDSEVA I was a worried person when the previous dot com bubble was building up. As a conservative businessman I could not see the sense behind sky high valuations for companies that had meagre revenues and no ways of making profits. That bubble ended in a bath of blood. Fourteen years later I see a repeat of the same thing happening. Maybe my brains are getting foggy but I can see no way of Facebook investors making money. And I am aghast at Whatsapp s valuation. I can only describe Facebook s acquisition of it as squandering.