But he says he is concerned about giant private corporations having unilateral power to shape internet speech - whether takedown decisions are being made by Twitter's trust and safety lead or Amazon Web Services (which recently yanked the plug on right-wing social network Parler for failing to moderate violent views). Kobeissi also takes that view, while adding the caveat that he's not "personally" concerned about Trump's deplatforming. President Donald Trump's access to their megaphones - a demonstration of private power that other political leaders have described as problematic. Interest in the space has been rekindled in recent weeks after mainstream platforms like Facebook and Twitter took decisions to shut down U.S. Extant examples include ActivityPub, Diaspora, Mastodon, P2P Matrix, Scuttlebutt, Solid and Urbit, to name a few. The list of decentralized/P2P/federated protocols and standards already out there is very long - even while usage remains low. Completely insane."Ĭapsule is just the latest contender for retooling Internet power structures by building infrastructure that radically decentralizes social platforms to make speech more resilient to corporate censorship and control. "But by the end of the day - last Sunday, eight days ago - I was running a Delaware corporation valued at $10 million with $100,000 in pre-seed funding, which is insane. I've been running a business based on consulting and based on academic R&D services," he continues. Instead the tweet "just completely exploded" and he found himself raising $100,000 "in a single day" - with $50,000 paid in there and then.
"I posted that tweet and the expectation that I had was that basically 60 people max would retweet it and then maybe I'll set up a Kickstarter," he tells us. But Kobeissi says he was startled by the level of interest in the concept. So whether Facebook kills WhatsApp or not still remains a far fetched thought, but you still can’t be sure.For now there's nothing to see beyond Capsule's landing page and a pitch deck (which he shared with TechCrunch for review). WhatsApp can also be considered as a fresh stream of young people, which if stats were to be believed, Facebook currently don’t thrill anymore. “Since WhatsApp and Messenger serve such different and important uses, we will continue investing in both and making them each great products for everyone,” is what Zuckerberg had to say about it. Now if we rule out everything, what we are left with a re-emergence of Facebook Messenger (like the uncanny resemblance of Facebook camera with Instagram). As Mark puts it, ”Once we get to being a service with 1 billion, 2 billion, 3 billion people, there are many clear ways that we can monetize.” And that won’t be in form of ads. While for the coming year or next, there will not be any effort towards monetization.
Facebook and WhatsApp both seems to be in a doubt (or secretive) about their future plans. Most thoughts incline towards a more focused and steeper growth curve for WhatsApp with more financial backing which Facebook can provide. With that in mind the obvious question is how exactly are they planning to make money out of this acquisition? Koum is maintaining their previous commitment announced, “You can still count on absolutely no ads interrupting your communication.”. In a statement, Mark states, “I don’t personally think ads are the right way to monetize messaging.”
Now the most talked about part of this acquisition… whether Facebook will introduce ads or remain Ad-Free ?įrom post acquisition statements it is apparent that Facebook is definitely not going the Instagram way to introduce ads in it.
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