The phone is one hundred, one hundred and ten years old. There was a middle period where the government had a broad ability to surveil, but if you look at human history in total, people evolved and civilizations evolved with private conversations and private speech.
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WhatsApp provides phone-number-based messaging, and people asked, 'Isn't that what SMS is?' Yes, but SMS is expensive, antiquated, and what WhatsApp did was modernize and level that playing field. For example, in Europe, if France wants to talk to Belgium, it's extraordinary costly because of border and telecom charges.
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For me specifically, it was important to graduate. In my family, I was one of the first graduates. My mom did not have a college degree. My dad did not have a college degree.
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Dealing with ads is depressing. You don't make anyone's life better by making advertisements work better.
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I think every acquisition is unique and different. The best strategy is to listen to the founders and follow their lead.
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My DNA is building a product and a service.
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Companies that have been built and operated for a long time are the most successful companies.
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'WhatsApp' provides phone number-based messaging, and people asked, 'Isn't that what SMS is?' Yes, but SMS is expensive, antiquated, and what WhatsApp did was modernize and level that playing field.
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There's a certain degree of speculation that goes into valuations. In so far as the market supports a valuation, everyone who gets a great one deserves it, but they should also be cautious because that speculation is temporary. I saw Yahoo go from $100 billion to $10 billion. It's not a long-term measure.