whats known and unknown

Twitter’s triumphant IPO means party time for mobile messaging apps

on November 8, 2013


Twitter stock opened trading at $45.10, instantly soaring 80% above its initial public offering price. This means that having a lot of users is much more important to investors than having any sort of plan to become profitable. We are back to 1999 and eyeballs are in vogue. This is manna for messaging apps like WhatsApp, LINE, KakaoTalk, WeChat, Kik, Viber, Tango, Nimbuzz and BBM.

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