Where the Money Is 08.29.2014
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 29 August 2014
⏱️ 11 minutes
🧾️ Download transcript
Summary
In this tech edition of Where the Money Is, tech analysts Nathan Hamilton and Sean O'Reilly discuss WhatsApp, Amazon Firephone and Twitch.
Transcript
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| 0:00.0 | We are not talking about the iPhone. This is where the money is. |
| 0:05.0 | Greetings school, Sean O'Reilly here with Nathaniel Hamilton, |
| 0:11.0 | and we are talking about tech today because it is Friday. |
| 0:14.1 | How's it going Nathan? It's good happy to be starting off a Labor Day weekend coming up here. |
| 0:18.7 | T GIF yeah. Yeah. What where the money episode is on Mondays? |
| 0:23.2 | Do they have one? |
| 0:23.9 | Um, it might be, what is it, financials maybe? |
| 0:26.5 | I don't know, to be honest. |
| 0:27.8 | I don't know, to be honest. I don't know. |
| 0:29.8 | Yeah. |
| 0:30.8 | Anyway. |
| 0:31.8 | So, first thing we want to talk about was Facebook and its acquisition of what's |
| 0:35.1 | Yeah, obviously you know happened a couple months ago, but what was interesting this week is |
| 0:42.3 | the founder came out on Twitter and said, |
| 0:45.0 | hey, we're going beyond 500 million users, which we had previously. |
| 0:48.0 | And correct me if I'm wrong, they were at 450 when the acquisition was made? |
| 0:52.0 | 450 million users? |
| 0:53.5 | No, it's 500, but now what they're mentioning now |
| 0:55.9 | is 600 million. |
| 0:57.3 | And this is important because it's monthly active users. |
| 1:00.6 | Wow. |
| 1:01.1 | Not just somebody signing up and leaving the site from there. |
... |
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