Whatsapp: "We will always have time to earn money"
The popular Whatsapp messenger has 430 million active users who send 18 billion messages per day. These numbers provide tremendous opportunities to monetize the service, but at the moment the service does not make a lot of money and according to the founder, the time for monetization has not yet come.
Earn, we always have time. During the DLD conference in Munich , Jan Koum spoke about the development plans of the messenger: "We are still a startup" and "We will be thinking about monetization in 2016 or in 2018". Now the main goal is to increase the number of users.
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Jan talks about his immigration from Ukraine to California, his dislike for advertising, and his childhood, when his parents knew that they were listening to phones.
We do not collect information about users. Initially, the application Whatsapp paid money. Now the first year is free. Starting from the second year, you need to pay 89 eurocents per year. This is hardly enough to pay for the work of 50 specialists and the entire architecture of the service?
“Our philosophy is to know as little as possible about our users,” says Yang. And emphasizes that all communication between users and Whatsapp servers is encrypted. Despite mistakes in the past.
“Our goal is to be on every smartphone” - Jan Koum, founder of Whatsapp.