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4min chapter
America’s Progress Has Stalled — with Derek Thompson | The Prof G Pod with Scott Galloway
Pivot
What's the Right Business Strategy?
Facebook bought WhatsApp for $19 billion in 2014. Business of apps estimates that WhatsApp brought in an 8.7 billion in revenue in 2021. In 2020, WhatsApp launched a payment feature in India with roughly 400 million users. The company laid off 12% of their workforce in December and even though the stock is still down 30% over the past year, it has tripled in five days.
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