Facebook rumored to be buying GPS app Waze for upto$1billion

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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby sketch » Fri May 10, 2013 3:51 pm

dmcconachie wrote:
I_vanl wrote:I am against FB's open policy been a social network so going to reduce my involvement until this is resolved. FB is still looking to commercialise always so its getting free data from us all. Quite sad.

That is no different from the Waze approach, I'm shocked that people can't see this.

For real. It's capitalism. Everyone is using your data for monetary gain. Google does it, too, oin a big way. Where you gonna get your maps if Waze goes FB?

Waze has always had a business plan, because Waze has always been a business. Maybe it looked like some great charitable crusade for a while, because they hadn't figured out how to monetize it well. For the last couple months, so many have been complaining about the ads without wondering who's paying for the servers they use every day. Now is no different.

If you want programs that benefit everyone without a profit motive behind them, maybe you should consider voting socialist.


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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby Kuhlkatz » Fri May 10, 2013 11:16 am

I am also anti FB, but why just focus on the negative?
If Waze achieved so much with a fairly small team and limited resources, just imagine what the possibilities would be with more money and resources behind the teams.

What scares me most is the possibility of more exposure to entice masses more editors that cannot spell Wiki, or connect streets properly.

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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby fvwazing » Fri May 10, 2013 10:55 am

I agree with deeggo on all, especially 2.2. On the other hand: selling out to FB would, for Waze's founders, be the most sensible thing to do. And it would be the 1st time they do the most sensible thing.
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby jasomslon » Fri May 10, 2013 9:19 am

at least you can see what good is closed access to crowdsourced data good for. luckily i did not contribute a single poi/line/polygon to waze so no effort wasted there :-)
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby dmcconachie » Fri May 10, 2013 8:08 am

I_vanl wrote:I am against FB's open policy been a social network so going to reduce my involvement until this is resolved. FB is still looking to commercialise always so its getting free data from us all. Quite sad.

That is no different from the Waze approach, I'm shocked that people can't see this.
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby dmcconachie » Fri May 10, 2013 8:07 am

razor2k wrote:dmcconachie,

As a waze champ (meaning you) I am kinda shocked by your lackadaisical attitude. I understand the logistics of the situation and I can't say I disagree, but c'mon man...we all have a lot of time invested in this project. Unless you're a facebook fan, I don't understand your defense :?

A fair point, would I rather Waze remained independent? Yes. However whether it happens now, in a year or in 5 years I would suggest it was inevitable from the outset, I guess I've just come to terms with it and given I have next to influence over the outcome I have to look for the positives and hope that as a Champ I can convince the wider community that I firmly believe Waze has a future no matter who the parent is.
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby deeggo » Fri May 10, 2013 7:52 am

Let's be honest. This is isn't the first rumor and it won't be the last. But the rumors are getting louder, and that usually means something. I totally can't blame them for cashing in, when the offer is good enough.
 
Personally I oppose Facebook very strongly, for the following main reasons.
1) privacy
Yes, driving around with Waze on isn't private at all. But Waze you can turn of or - even easier - not turn on. Facebook has a strategy of getting their nifty little fingers behind everything you do in life. They urge other companies to use FB login. Take for instance all those sites where you can vote for anything, whether it'd be best app, human rights and environment issues or politics, many allow FB-login. Or sites where you can win something, often FB-login. Oh so convenient, you have to remember less passwords. Many companies shift their focus from their own website to their page on FB, their promotions or events are often on FB. And then there's the like and share buttons on all those other sites, that track your every move on internet if you just forget to log off your session with FB.
 
So yes, there is a great privacy difference between FB and Waze. And imagine what happens if they merge and FB not only knows your internet whereabouts, but also your real life whereabouts. Their advertising will get even more invasive, ads from the pizza restaurant you pass often, ads from the gym if you haven't been to the woods for jogging for two weeks, ads for the cookies you like on the screen of the friend you're navigating to.
 
2) motivation
My motivation to contribute to Waze is based on two pillars: 1) building a local community in my country so we all can save time in traffic and gas, know about danger on the way and prevent getting speeding tickets and 2) helping build up a sympathetic little start up that once had a brilliant idea come to life. Both pillars can be described as doing something good for the world, helping each other out, building a community that benefits all. My motivation is intrinsic.
That second pillar will be totally gone when Facebook takes over. I'm not spending my free time not getting paid to make Mark Suckerberg and a multi-billion company even richer. Working for Waze hasn't always been satisfying, but in the end you always knew they were doing their best with limited resources. That sense of generously helping grow something small and helpless will be gone.
 
3) future development
What will happen when a big company takes over a small one? History has shown that often the new big owner totally misunderstands the basis of the company it takes over. Often they die a slow and painly death because of that. Many times they are bought to be put to death deliberately before they become a threat.
And if they keep Waze alive, what direction will it go? How will the app change? Will the map editor stay?
 
In the end I will probably keep using the app on my phone, unless it changes to much in a direction I don't like. I still like driving around traffic after all. But my other activities will probably be reduced to a minimum, maybe except for the local community things.
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby lgibert » Fri May 10, 2013 7:25 am

Nacron wrote: Here here, I'm glad to offer my time to an independent company but not to facebook. Just go public with the company and offer the top editors stock options :)


Well, same feeling. Everything but fb. I was already ill BK there were fb link and no G+ for example but working for this enemy of privacy on the Net and everywhere else, no, thank you!

If this is real with no condition of protection for the Waze entity, so bybye! :'-(
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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby Nacron » Fri May 10, 2013 4:38 am

jasonh300 wrote:
gettingthere wrote:Another day, another takeover rumor. Who cares who owns what? If it stays as a 'free' navigation application and does what you want, use it.

Such big threats. "I will quit being your free customer if you do this." Funny.


The threat is that people will stop editing the map. If a handful of users leave, it's no big deal, but if the veteran map editors decide that they are no longer willing to spend thousands of hours doing uncompensated work for an entity like Facebook, then it will hurt. The value is in the maps and the routing algorithms.

With a ridiculous number like $2,000,000,000, figure that half of that goes to the technical end, and the other half goes to the map. If you take the top 500 map editors who have done 99.9% of the map editing work, the work that we've already done becomes valued at around $1,000,000 each. Do you think they're going to cut each of us a check when the sale is complete?

That being said, if I was one of the partners, and had that kind of offer on the table, I'd have a really hard time passing it up.

Here here, I'm glad to offer my time to an independent company but not to facebook. Just go public with the company and offer the top editors stock options :)

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Re: Facebook rumored to be buying GPS app Waze for upto$1bil

Postby whatever2015 » Fri May 10, 2013 3:47 am

im outta here if facebook takes control....
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