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Why was Viber bought at the valuation it was bought at?

Added over 3 years ago | As appeared first on stratechery.com
Before the Internet, the nodes of communication were houses, and the killer app was the telephone. Presuming both you and I were in our respective houses, I could dial a number, and we could talk. It was marvelous, and in retrospect, primitive; real-time is much less interesting, and much more limiting, when it's the only means of communication. In the late 1970s, the computer came along, and while it made us incredibly more efficient, it didn't truly alter the definition of communication. T...
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