Download Whatsapp Htc Sense
Goldie Ringgold
Hi, @Helpwatsapp , welcome to the community. May I draw your attention to this article How do I get notifications from my phone on my Fitbit device? From the "Today" screen on your phone app touch your icon in the top left corner>Sense tile>Notifications. Make sure the slider in the top right corner is on>text messages>select "WhatsApp". Return to the Today screen & sync. If WhatsApp is not on the list check you have correctly installed the WhatsApp app on your phone and it is active.
@Helpwatsapp Thanks for taking the time to contact our Support team, and the steps tried on your own. Because you're getting WhatsApp calls but not text notifications, I'd recommend checking these other settings:
Hi, @Helpwatsapp, may I suggest you check you do not have "Do not disturb" on, it disables notifications among other things. Also, ensure you are not in a "Sleep" period on your device which does the same thing(check the quiet mode settings on your "Sense")
@Helpwatsapp Thanks for taking the time in troubleshooting your watch with the steps described above. Just to confirm, may I know if you've tried the steps suggested by @Gr4ndp4? If so, are the WhatsApp text notifications working on your Sense? If by any chance the issue persists, let me recommend getting in touch with our Support team so they can investigate what may be occurring and provide you with further assistance. Please click here to get connected with them via chat or phone.
I keep googling and most of the articles tell me to go into the app>sense>notifications but all I see are options for the app (such as badges) and email notifications (similarly for like low battery emails).
Navigate to the Configure > Users and select +New Users. Enter an email you want associated with this user, for example sense_in...@COMPANYDOMAIN.com and assign Site Admin permissions along with three developer permissions.
Whatsapp brought in this feature by including a new storage management section into its settings menu on Android. It gives users an overview of the space used by chats. You can access this functionality here.
Abreu, J. S. (2016, October 17). From Jurisdictional Battles to Crypto Wars: WhatsApp vs. Brazilian courts. The Bulletin. Retrieved from -jurisdictional-battles-to-crypto-wars-brazilian-courts-v-whatsapp/.
The Brazilian 2014 elections were the first to heavily apply Whatsapp as a micro-targeting tool. This paper aims to test the effectiveness of Whatsapp compared to more traditional approaches. First, we find that short videos delivered via WhatsApp are a powerful method of increasing turnout among teen voters. Second, we add Brazil to the list of
Pretty clear he "goal seeked" that 160mill number to make a point.
But the larger point is- are there any new users? Is there anyone who uses Whatsapp but doesn't have a facebook account? Is this a significant number? If not, all this means is Facebook is "re-buying" their users. Kind of like maintenance capex if you ask me. I think FB understands they have no moat and have to keep buying their users to maintain their advertising revenue stream.
Thanks for this analysis and I think this is a very useful way of thinking about this value / price discrepancy.
I have a few comments on your observations:
1. It is alright not to make a moral judgement on traders vs investors. However, Facebook is not a trader and should it be drawn into the trader's game of valuing a company that it wants to acquire in this way with little correlation with fundamentals?
2. I admit that some of the risk above is mitigated by paying in shares as FB is being valued on the same metrics. However, the value of attracting whatsapp users to facebook, i.e. "synergies" is something that is relatively risky and unknown. I would think that your back of the envelope shows that FB needs to attract 160m whatsapp users who are already not using facebook. I dont have the numbers on how many users of whatsapp dont use facebook but I would think there is some overlap already. Which means that this is by no means an easy task. Further, it is also not clear how this will be done if whatsapp continues to function as an independent service.
3. Assuming that the synergy value can be justified by $130 x expected new facebook users, hasn't facebook already paid away largely all of this value?
4. I would argue that the balance of upside / downside is very skewed here against the existing shareholders of FB even if you leave aside fundamental valuation principles and continue to use the $130 pricing metric. If FB can achieve the very difficult task of attracting 160m new users, the existing shareholders will be no better off (or maybe marginally better off depending on what the actual numbers turn out to be). However, the downside if FB is not able to achieve this is much more material.
5. This may not have been acceptable to Whatsapp shareholders, but I would have thought that a better way to structure this deal would have been to link the number of shares to be paid to the number of additional users generated. I am not sure if there is way for them to measure this. However, if this is possible then the value of these synergies is paid as and when they are realised. This method would continue to use the trader / pricing view of the world but ensure that existing shareholders are getting a fair deal.
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The article was a great read.
What I personally felt Mark would have factored in the pricing, was a threat by Whatsapp to FB's very existence. He himself has wiped out Orkut and knows that FB's existence is always under threat. Whatsapp was (gradually to begin with and now) rapidly adding features to a plain texting platform. Group features, sharing photos & videos, etc. was infringing on the social media landscape, plus the buzzword - privacy was a strong USP. Add to that the trend of mobility, which is whatsapp's bigger forte than of FB's.
So, to me, the high price FB has paid could be to ensure whatsapp never kills FB!
From Facebook perspective, this is a very good move as FB can earn from it. But from our perspective, we don't want Facebook to ruin the app. This is one of the biggest deal in technology market.
Check out here on more on this topic : -buys-whatsapp.html
Great article. Maybe a large % of Whatsapp users are already using FB. And given the takeover news probably a large bunch of FB users also join Whatsapp. That way there is no easy way to get the unique user base.
Anonymous,
I don't view traders as gamblers but it seems to me that plenty of companies are benefiting. In fact, Facebook is paying for Whatsapp with its stock, which if your argument holds is being inflated by gamblers.
The article is well written and explains the trader and investor prospective. As you rightly implied, the social media industry effectiveness is driven by users visiting and browsing site. I fail to understand to buy application like Whatsapp which already had set market and most of users overlap with FB. It would rather be better to buy small IM company and add that as an additional feature for FB users. In the merger with WA, it seems the no of users for FB will not enhance as most of them are common. So the forecasted hits or revenues would really not be able to justify the buying amount unless there is different strategy planned ahead.
hahah this make sense.Initially its like wow 19 billion seems like a lot, but when you compare it with FB valuation it makes sense. If people want to pay 2 million$s for a porche it would make sense for them to pay 500k for a Toyota... I guess.
You have laid out a strong thesis. And there are several aspects of merit. There is a big element of frothiness in the markets in the stock prices of many companies BUT this particular deal makes sense. If Zuck could have done it at a better price, it would have been better BUT better done this way than not.
Let me digress for a second. Steve Jobs would have flunked (or gotten a B+ max) Marketing 101 courses in most business schools BUT he was one of the greatest marketers ever.
Same with Valuation. From a theoretical valuation perspective, it makes total sense. But there is a huge strategic aspect that valuation exercises completely forget.
If you've actually run competitive strategy & I mean not McKinsey or corp strategy - but I mean run a business unit or company where you had to beat up a competitor or threat, then you'll understand. Else, you'll scratch your head.
WhatsApp - was a headline risk, potential threat and most importantly if WhatsApp, WeChat, Twitter, SnapChat came close to 1 billion users or >500 Million users then Facebook faced the threat of perfect competition & loss of pricing power with its clients.
You just cannot let that happen. Period. Valuation professors will not get it. If you lost pricing power in your product, then the economic value you lose > $19 billion over the lifetime. If a big Internet player had acquired WhatsApp, Facebook stock price would have been cut in half. Instead shelling $16 Billion (10% to 15% stock) is fabulous. And that is the logic to be applied.
There are cases when a company acquires a company to bail out a VC investment or self-interest of some exec. That aside, this logic is valid in several more M&A cases. Oracle should have acquired Salesforce.com to delay the SaaS model. Today, Oracle faces major economic pressure due to SaaS. The loss in economic value far surpasses the price (even assuming a 35% premium) Oracle would have had to pay for CRM in 2008/2009.
Finally, if we applied Valuation or Corporate Finance Net Cash Flow difference decisions to business school degrees and PhD programs, the decision might be - Don't Get a Degree! Yet many do!
Excellent Piece of Article Sir.. I got to understand today why and how social media companies are actually issuing stocks at ridiculously high prices, why facebook IPO was such a hit that on the first day of listing. And finally some realizations on connecting the understanding between how similar is the valuation between dotcom companies and social media ones.. A totally new dimension between how market is valued at fundamentals by "eggheads" how traders and markets prices them on different parallels and mostly importantly how corporates actually view this as an opportunity to make money or buy assets like whatsapp with overpriced valuations because... its paid by investors money at the end with their overprices shares..
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