Most of Facebook’s valuation is driven by 0.15% of Mobile Gamers

As you read the breathless reviews of Facebook’s Q2 2014 results, remember that the entire App economy depends on a tiny group of whales who spend hundreds of dollars a month on in-App purchases. This is terrifying. Facebook’s stock price is the second derivative of in-app purchase revenue. Things are highly geared, and incredibly risky.Continue reading “Most of Facebook’s valuation is driven by 0.15% of Mobile Gamers”

Snapchat and Compulsion Loops

As someone who’s now Older Than Dirt, in internet years, I’ve really had no reason to use Snapchat. So I really didn’t know what all the fuss was about until I read this post from Sean Haufler. I’d encourage you to read the full post, but here’s what jumped out: “Snapchat’s time limits make snapsContinue reading “Snapchat and Compulsion Loops”