This week our community hooted, and we listened! Insights on how the Flipkart “Big Billion Day” went, Yahoo’s (YHOO) attempt to find the next Alibaba, and whether Apple (APPL) or Google (GOOG) will be the first to win the $1T company award.
“As Asia-Pacific is the largest market for e-commerce I wasn’t surprised. But with all the buzz on Alibaba, it’s nice to see India’s main player step up. We’ll see if Amazon’s recent investment in the area pays off or if they will continue to lag in India.” – A Yeasayer
“I think its ridiculous that someone might think that Snapchat could be, its a app-fad (highly over valued one) that has no value beyond the porn industry ” – A Naysayer
“The markets don’t even compare: Snapchat is an app for young, tech savvy kids; Alibaba is a massive e-commerce site that serves the world’s largest nation and soon-t0-be the world’s largest economy.” – A Naysayer
“I voted yes because I think Snapchat has the potential to become the next big social network. If you look at the demographic data, Facebook is trailing and the young generation is less and less interested in using it. I think there’s going to be a new wave of social networking, and maybe Snapchat is it. It might not be, but I do think its going to capture the demographic that Facebook is losing and therefore will become really valuable.” – A Yeasayer
“I think my vote for Google was based on the openness of Google. Apple tries to control more of it’s platform for it’s own benefit. Google is more open, and although Apple has a bigger hand in the hardware aspect and therefore a larger market base, I think Google will win out in the long run because it’s openness promotes new business models. “My way or the highway” is Apple’s mode of operation. At some point, this will come back to bite them when the “coolness” dissipates.” -A Yeasayer