10 lessons (Africans are learning) from that $16 billion Facebook just gave WhatsApp

So now that we’ve wiped our jaws on the floor, and (kind of) come to terms with the sheer hugeness of the huge buy that Facebook just confirmed for the hugely successful WhatsApp, we’ve scanned through the African – and especially Nigerian – ecosystem reactions, and we’ve got 10 simple lessons people are sharing.

One sentence for each. #NoTime – some people are counting their billions already.

 

1. Don’t. You. Ever. Stop. Moving. The dramatic difference five years has made in the life of Brian Acton is enough to give pause.

 

2. WhatsApp focused on building its user base – headed for a billions users.

887903401_200f04cf97_b

 

3. Mobile Only versus Mobile First. We’re on the right path, Africa.

7826378562_91d143b101_b

 

4. High Risk, High Returns – Sequioa – $60mn and only investor getting $3bn.

money-rain-on-me-gualtiero-boffi

 

5. Engagement is key – Zuck admits WhatsApp did more engagement than Facebook. He obviously couldn’t sleep on this.

image

 

6. Align with the future – Zuck got 1 billion users with Facebook and plans to get next 1 billion with mobile and WhatsApp was already on track.

facebook_whatsapp_ny333_41171393

 

7. Build a kick ass product – WhatsApp is nothing but kick ass. Simple. Cross platform. Awesome UX, UI, and innovative.

seq1

 

8. Patient dog. Fattest bone. Instagram – $1bn, Snapchat – $3bn(offered), WhatsApp – $16bn.

4302442929_5749b589ec_b

 

9. Mark Zuckerberg now owns half the world. He is the AntiChrist.

Zuckerberg-Starry-Night

 

10. [Insert your local proverb here]

 
Over to you, motivational speakers and pastors!

 
[Photo Credit: Compflight, TechCrunch, Google Images]

All Comments

  • Short, illustrative and sweet.

    The Taichou February 21, 2014 1:20 pm Reply
  • Hahaha. Definitely some valuable lessons for every business and tech entrepreneur. Thanks for the share.

    Lanre Ayeni February 23, 2014 9:12 pm Reply
    • You're welcome. Glad you found value 🙂

      Nubi Kay' March 9, 2014 1:17 pm Reply
  • Pingback: [email protected]'s 5 highlights from Social Media Week Lagos #SMW14

  • Pingback: Where are Nigerian Tech’s “Traitorous Eight”? | Tech Africa

  • Pingback: [email protected]: Social Media Week Lagos - 2013 Vs 2014

  • 11. If you are enjoying what you are currently doing, then don't worry too much about where it'll take you. The moment you stop enjoying it, move on to something else. 1 day is a very long term in the Clouds.
    12. I don't have a facebook account, but nice piece.

    Bawa Garba February 27, 2014 9:09 pm Reply
    • True! Hahaha about No Facebook. Guess if you use whatsapp you are kinda do 🙂 – Nubi

      Nubi Kay March 9, 2014 1:16 pm Reply
  • One other lesson is that Brian Action is a very positive guy. He doesn't feel bad about rejections and believes that there is always another day and another opportunity ahead. Now look what it got him. This is pure hope and self believe.

    Aliyu Daku March 2, 2014 10:25 am Reply
    • Self belief* rather, but who has time to correct typos, people are already busy counting their billions.

      Aliyu March 2, 2014 10:27 am Reply
      • Yes o my brother.

        Tunde Ayeni March 9, 2014 1:17 pm Reply

Leave a Reply

%d bloggers like this: