All posts by Nicholas Wright

Nicholas Wright wrote on

Nicholas is a co-founder and CEO of AppInstruct. Nic is actively involved in the start-up space, mentoring other founders with mobile, fundraising and legal advice. Nic's favorite app is WhatsApp, which allows him to remain in contact with family in America and England.

Participating in the Startmate Accelerator Program »

This week, I took the opportunity to catch up with AppInstruct Alumni and Foogi CEO, Amit Jaiswal, whose team is now nearly 3 months into its participation in the Startmate accelerator program.  Startmate is a Sydney based accelerator program, that was recently referenced by the Economist in the same breath as Y-Combinator and TechStars as one of the leading accelerators in the world. Read more…

What the WhatsApp deal means for mobile »

The start of Iain’s post on WhatsApp back in the first week of January now seems eerily insightful:

When people talk of ‘the next Facebook’, then the name at the front of most technology people’s minds is WhatsApp Messenger.

We now know those people included Mark Zuckerberg! So what does this remarkable $19billion valuation of a smartphone app created and managed by a small team of 50 people, tell us about the mobile apps industry? Read more…

Did Facebook overpay for Whatsapp? »

When Facebook agreed to pay up to $19 billion for WhatsApp last week, it set an unprecedented value on what is simply a mobile app – indeed, unlike iMessenger or Google Hangouts, WhatsApp is not available on the desktop.  WhatsApp has nearly 450 million users, but only made $20million in revenue last year – so did Facebook overpay? Read more…