The Simple Yo App

screenshot-2014-06-18-16-31-30If you haven’t heard of Yo, you haven’t been following Twitter very closely. It is the next biggest app that everyone is talking about and a little confusing. The idea behind Yo is that users log onto the app to send other users just one word…Yo. The trend has caught on because 50,000 people are already signed up for the app. So far the users have send more than 4 million Yo’s to each other. Really the app has not yet officially launched, but even without that formality, the app already received $1.2 million in funding from unnamed investors. Clearly, people think that the co-founder and CEO Or Arbel is on to something. The app probably started as a joke, but now is wickedly popular, getting more users everyday and has a lot of money coming in. While apps like Snapchat rely on the concept of ephemerality, Whisper and Secret give users anonymity, Yo seems to lean back on context. Although the app has absolutely no content, the context comes from who sends you the “Yo” and what time they send it. The context is your own life.

For example, if your best friend texts you “Hey” at 10:00 AM they are probably just saying hello or starting a conversation. However, if someone you have been crushing on texts you the exact same message “Hey” at 2:00 it probably has a completely different meaning and context, i.e. booty call. So, Yo is relying on context and provides a structure that allows you to only send one message with limitless subtexts.

Again, Yo may have started as a joke, but it really plays into the idea of digital dualism. Just as Snapchat is trying to imitate life by letting the image disappear, just as it would if you glance at something, Yo is imitating life and the fact that we use context to interpret every interaction we have. If you are interested, download Yo and see who you can contextually communicate with.

Facebook/WhatsApp Buyout Considerations

facebook_whatsapp_coverFacebook CEO Mark Zuckerberg and WhatsApp CEO Jan Koum have joined with an impressive $19 billion deal. The two met in February about the deal and Zuckerberg added the incentive of adding Koum to Facebook’s board. The advantage for Facebook is that WhatsApp is used internationally in areas where Facebook isn’t. This will give Facebook a more varied user population with a varied demographic. The deal will give Facebook access to WhatsApp’s 450 million global users. It is not quite clear how this will continue Zuckerberg’s quest to connect the whole planet, but he clearly has a plan.

This acquisition makes Facebook Silicon Valley’s top Dealmaker. They have made large deals before, but the large sum they forked over for WhatsApp makes Facebook the largest dealmaker over the search engine giant, Google.

It will take many steps for Facebook to connect the whole world. WhatsApp is one important step. They have many users in emerging countries like India, Mexico, and Brazil. Next, Zuckerberg may look to chat apps like WeChat, Kakao Talk, and Viper, which are primarily used in China, South Korea, and the Middle East respectively.

Facebook has just spent billions of dollars acquiring Instagram and now WhatsApp. It is unlikely the company will now continue to pursue the ephemeral photo app, Snapchat. Although Zuckerberg has made acquisition offers and campaigned hard for the company before, he is unlikely to continue his pursuit. Beyond Zuckerberg, the co-founder of WhatsApp, Brian Acton has issued some pretty harsh remarks against Snapchat and what the company offers so it is very unlikely a deal will occur.

Investors initially seemed wary of the Facebook/WhatsApp buyout, but after Zuckerberg and Koum spoke the shares went back up. Now only time will tell how the market will respond to this new acquisition.