I’ve been deeply immersed in the world of building online platforms, constantly pondering and strategizing. But today, I stumbled upon some staggering statistics that have given me quite a reality check.
#Cyworld, #Facebook, #Instagram… The value of these platforms that we use daily is simply mind-blowing.
I was particularly stunned to learn that Microsoft acquired #LinkedIn for a whopping 34 trillion won. A company that consistently ranks among the top 3 in global market capitalization spent such a staggering amount on a single platform.
World top3 online platform selling price
- Google’s acquisition of YouTube: In 2006, Google acquired YouTube for $1.65 billion, recognizing its potential in the rapidly growing video-sharing market.
- Facebook’s acquisition of Instagram: Facebook acquired Instagram for approximately $1 billion in 2012, aiming to strengthen its position in the mobile market.
- Microsoft’s acquisition of LinkedIn: In 2016, Microsoft acquired LinkedIn for around $26 billion, seeking to enhance its competitiveness in the enterprise software market.
Linked in is the best selling price in the world
Eight years ago, Microsoft paid 17 times more for LinkedIn than it did for YouTube. This clearly demonstrates the infinite value of platforms. Even today, I use LinkedIn regularly. For professionals, especially those working globally, LinkedIn is an indispensable tool, as ubiquitous as a business card.
The fact that Microsoft foresaw this value eight years ago and was willing to pay such a premium is truly impressive.
Creating value for people is invaluable in itself. Recognizing that value and paying a premium for it, as these tech giants have done, is a testament to the potential of platforms.
A 34 trillion won valuation? That’s simply astonishing.
There are countless individuals striving to create platforms that can benefit the world. While the path to recognition may be arduous, the rewards of building something truly valuable are immeasurable.
Inspiration: I was inspired by the massive acquisitions of platforms like LinkedIn, YouTube, and Instagram.
Platform Value: I realized the immense value of platforms and the potential for growth in the online world.
Motivation: I am motivated to create your own valuable platform but feel a bit overwhelmed by the scale of these acquisitions.
Key Takeaways: I’ve learned about the importance of creating value, the potential for growth in the platform market, and the long-term rewards of building a successful platform.
All the best!
I hope you guys website value one of the top in the world!!
Moraum 
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