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The light inside is broken, but I still work. The Cadillac of online bookmarking sites. Alleged nocoiner. http://pinboard.in  maciej@ceglowski.com +1 415 610 0231

Lonely street of broken dreams
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    1. Matthew Green‏Verified account @matthew_d_green 28 Sep 2018

      So forgive me for being a naive idiot, and I realize Facebook spent something like the GDP of Paraguay to buy WhatsApp. But the idea that the only possible way to monetize e2e chat is to break the encryption and scan for keywords seems like a stretch.

      6 replies 11 retweets 94 likes
      Show this thread
    2. Matthew Green‏Verified account @matthew_d_green 28 Sep 2018

      And WhatsApp didn’t grow to be a billion+ user system because Facebook marketed it. It was purchased by Facebook because a couple of scrappy upstarts managed to acquire Facebook scale — and start pulling eyeballs from FB properties.

      3 replies 4 retweets 53 likes
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    3. Matthew Green‏Verified account @matthew_d_green 28 Sep 2018

      Anyway, my point is that Facebook already has tons of user data from its other properties, much of which is getting linked to WhatsApp accounts. Use that data to display ads. Let people opt out for a payment.

      3 replies 0 retweets 25 likes
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    4. Matthew Green‏Verified account @matthew_d_green 28 Sep 2018

      Anyway, I realize this isn’t going to bring in the kind of revenue that FB shareholders (excepting myself!) want. But that’s not my point.

      5 replies 0 retweets 12 likes
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    5. Matthew Green‏Verified account @matthew_d_green 28 Sep 2018

      My point is that e2e applications (even at 1bn-user scale) are alarmingly cheap to build. The threat to those apps is not that they’re *expensive*. It’s that the minute one gets successful, a giant like Facebook seeks it out and buries it in cash and a broken business model.

      14 replies 29 retweets 122 likes
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    6. Steven M. Bellovin‏Verified account @SteveBellovin 28 Sep 2018
      Replying to @matthew_d_green

      Out of curiosity, how much experience do you have with real-world operation at scale?

      1 reply 1 retweet 2 likes
    7. Matthew Green‏Verified account @matthew_d_green 28 Sep 2018
      Replying to @SteveBellovin

      Just enough to read the well-documented experience of WhatsApp.

      2 replies 0 retweets 2 likes
    8. Matthew Green‏Verified account @matthew_d_green 28 Sep 2018
      Replying to @matthew_d_green @SteveBellovin

      This whole line of reasoning (“you didn’t ship a 1bn+user app, so you can’t look at other people’s documented numbers and do simple arithmetic that makes your point even with a 20x error margin”) is very exhausting.

      1 reply 0 retweets 15 likes
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    10. Matthew Green‏Verified account @matthew_d_green 28 Sep 2018
      Replying to @alexstamos @SteveBellovin

      10 employees at $2m loaded salary cost and you’re up to $30.5m in 2014, which brings you to 5.5 cents per user.

      3 replies 0 retweets 0 likes
      Pinboard‏ @Pinboard 28 Sep 2018
      Replying to @matthew_d_green @alexstamos @SteveBellovin

      I think there may be room in business models between 'run it for free' and 'bring down the Republic'. Charging a buck a year for WhatsApp back in the day sounded like it hit that sweet spot.

      8:04 AM - 28 Sep 2018
      • 2 Retweets
      • 24 Likes
      • Dr. Andreas Gutmann Kirushik ❤️✊✌️ Juan C. Fernandez Artis3n Ryan Persaud Deirdre Connolly¹ is in the Hot Zone 💉💉🎉😷 Michael Hay Jay Fent☎n Matthew Green
      2 replies 2 retweets 24 likes
        1. Garrett Wollman‏ @garrett_wollman 28 Sep 2018
          Replying to @Pinboard @matthew_d_green and

          Remember Wunderground, before the buyout by The Weather Channel, was doing just fine on freemium with subscriptions at $5 a year. I think that's where they still are.

          0 replies 0 retweets 0 likes
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        1. Stafr Gotar‏ @GuzTheFuz 28 Sep 2018
          Replying to @Pinboard @matthew_d_green and

          Then there are... --- shareholders. Investing shareholders don't know much about 'reasonable'. They also know to pull out in the right moment. Ain't no honesty, pride, honor, respect or tradition in the investment business. ROI. Nothing else.

          0 replies 0 retweets 0 likes
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