I can't help but question how these app start ups be bought out for billions or valued at billions. More then companies that actually produce a product that is tangeable. I read articles about this UBER and how Wall street are valuing it at about 40 billion and yet a company such as POET that will bring technology forward is struggling on the stock market. With several patents under their belt we are barely on the radar. Without the ideas and work of companies such as POET or the foundaries, these apps would be nothing. But in the end investors don't look at what's under the hood, they want the end result and instant gratification. This is where I suppose these apps provide them with that. The instant network of billions of consumers that are connected by the internet in this global world, provides that opportunity. Find out what the consumer wants and plug into that need. In the end how many of these apps will be around in 5 years? How long will POET be around?
As Meghan Trainor would say - It's all about the bass and not the treble. The investors don't get it........they just get richer LOL.