The bubble spreads across all tech startups. Before it was whether your product could be viral enough to match snapchat's $1 billion, now it's whatsapp's $16 billion.

This creates a very unhealthy attitude around tech startups that will have a cascading effect on the entire industry. It's like a hegemonic military policy. The strategy doesn't matter, as long as you have a big stick.

@psbp ... and before that it was Instagram's $1b. It was a running joke back then.

Well going by itunes top 20 free social networking apps, you still have kik, tango, oovoo, & zello.