I loved WhatsApp founder Jan Koum’s rags to riches story, and was really amazed to learn that he collected food stamps at one point in his life. It’s a very fascinating and inspiring story.
I’ve received a few emails on my earlier post saying the WhatsApp valuation is ridiculous, and my view is that we really aren’t qualified to make a statement like that.
I read a venture capitalist talking about phone numbers being in existence for at least 10 more years, and that was really the first time I even heard anyone even questioning the existence of phone numbers, and that is the world they live in, and are creating for the rest of us. And on that topic, here is an article that justifies the WhatsApp valuation.
I quite enjoyed this article on what your brain looks like just before taking a risk.
A lot of strife going on in Ukraine and this article is a good primer on the situation.
I think the EMH (Efficient Market Hypothesis) is nonsense, so naturally any time someone intelligent says something about it – I take notice.
This was a very unusual study, and while it is very easy to question the interpretation, I feel there is some truth to it – humans appear programmed to obey robots.
Finally, let this clever little image explain all types of social media websites to you.
Enjoy your weekend!
3 thoughts on “Weekend links Feb 21 2014”
Somehow these kind of acquisitions remind me of dotcom era. Hope we are not moving to the next bubble.
But the story of the founders is inspiring.
Thanks for the link on Ukraine. Need one on Venezuela also, if you get one.
Why would you say that the EMH is nonsense? What would it mean if a market is not efficient? The EMH is just a theory that applies to any and all markets, it just so happens that securities markets are a main focus of its application.
Do you honestly believe that stock markets are really not efficient? Perhaps the _entire_ stock market may not be efficient, but on a micro level a lot of it is shown to be, at least weakly.