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Facebook Acquires Israel’s Snaptu For an Estimated $60-70 Million

VC Cafe

These two deals are significant, and suggest that Facebook didn’t just buy an app - Snaptu is a mobile platform and a distribution channel for emerging markets with low smartphone penetration, where the users use their mobile phones as their main access device to the Internet.

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Why I’m Doubling Down on the Twitter Ecosystem

Both Sides of the Table

Or in utility speak, they are transmission and we are last-mile distribution. Or the ability of the Center for Disease Control to be able to track pandemic distribution of viruses. Or just the sheer power of people being able to self organize as they have done in Egypt, Iran or Tunisia. What does that mean?

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