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Snapchat raised $1.8B in a Series F round

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Re: Snapchat raised $1.8B in a Series F round

#131
The only real value of Snapchat is that now I dont have to scroll past the innane content snapchat is used for on other social networks.

Im not going to say snapchat is or isnt worth $20b. I am going to say that I am sad that so much energy and money is being thrown at such a trivial application.

Im a software engineer, and i like solving real problems. I cant imagine working at snapchat and trying to motivate myself to be excited about its useless app.

Re: Snapchat raised $1.8B in a Series F round

#132
post #28

Can someone who uses Snapchat routinely tell me why you use it routinely? I've been using it for a few weeks to send a picture or two to the few people I know who use it, but it seems pretty limited. I follow a few "famous" people on it, and they basically just post random images of them walking around NYC or them traveling. I don't yet see the benefit.

It's like video Twitter. I use it for the same reason I do Twitter. People can follow me and see what I'm doing, what I have to say, or funny stuff I do. I can do the same with people I also follow. It's just like a Twitter that's better for video stuff to me.

Re: Snapchat raised $1.8B in a Series F round

#133

Earlier quoted context omitted.

I don't understand why use cases 1 and 2 wouldn't just send a text message picture. Why would you bother with a 3rd party app that erases them? With that said, that is probably the least percentage reason as to why people use it. The greatest being for sending half naked photos to strangers.

This is a refrain on Hacker News since I started coming here for insights since 2008. That because you, personally, don't understand why you would do such a thing therefore said thing is invalidated. It's lazy. Additionally taking that point of view outs you. Much like how when I was 16-23 and creating things on the internet when there was only 100MM users and people were wondering why anyone would want to spend all…

It's clear from your comment history that you're very confrontational, and cocksure. So I'll keep this brief, and end it here. This is a discussion, and questions were asked. Take your own "advice".

Re: Snapchat raised $1.8B in a Series F round

#134

The only real value of Snapchat is that now I dont have to scroll past the innane content snapchat is used for on other social networks. Im not going to say snapchat is or isnt worth $20b. I am going to say that I am sad that so much energy and money is being thrown at such a trivial application. Im a software engineer, and i like solving real problems. I cant imagine working at snapchat and trying to motivate myself…

[deleted]

Re: Snapchat raised $1.8B in a Series F round

#135

Every single person here seems negative about Snapchat. I am 30+, use it occasionally, and see more and more of my older friends signing up. Especially those friends far away from the echo chamber. This fundraising feels smart for investors who want a great return and for the company to use to get to an IPO. If you don't use Snapchat, or haven't used it in a few years, it is probably time you take a second look.

I think people are negative about the profit potential of Snapchat ever coming close to justifying the multi-billion dollar valuations. As a fun and sticky social media service I think most can recognize Snapchat is killing it, but as a business it seems sketchy.

I think Snapchat can be profitable at some point but it would have to be a blockbuster in terms of revenue/profit to justify an 11-digit valuation.

Re: Snapchat raised $1.8B in a Series F round

#136
post #99

Earlier quoted context omitted.

> I don't understand why use cases 1 and 2 wouldn't just send a text message picture. Why would you bother with a 3rd party app that erases them? Snapchat has more features than sending a simple text. I still use text message pictures when I just want to send a picture. Snapchat lets you caption and draw on photos, which is a big draw. The erasing part of it is a feature too, and not just for nude pics. For example,…

If you're that concerned/uncomfortable about what you're sending then don't send it in the first place. Once it's on the internet, it's there forever. Does Snapchat not have the feature now to save incoming messages for a price? I'll grant you the feature of drawing on pictures though.

Here's a question. Why do we need to record everything we do digitally? It's not like we record our conversations when people hang out in person.

I'd argue it's stupid that we archive and collect every meaningless conversation we have.

Re: Snapchat raised $1.8B in a Series F round

#137
post #99

Earlier quoted context omitted.

> I don't understand why use cases 1 and 2 wouldn't just send a text message picture. Why would you bother with a 3rd party app that erases them? Snapchat has more features than sending a simple text. I still use text message pictures when I just want to send a picture. Snapchat lets you caption and draw on photos, which is a big draw. The erasing part of it is a feature too, and not just for nude pics. For example,…

If you're that concerned/uncomfortable about what you're sending then don't send it in the first place. Once it's on the internet, it's there forever. Does Snapchat not have the feature now to save incoming messages for a price? I'll grant you the feature of drawing on pictures though.

> If you're that concerned/uncomfortable about what you're sending then don't send it in the first place

I'm not concerned or uncomfortable with the message itself; my concern is that the message goes exclusively to its intended audience. An email or text message can sit around and eventually be viewed on accident or by someone nosy. At least with Snapchat, I have a level of assurance that this possibility is minimized.

Re: Snapchat raised $1.8B in a Series F round

#138

There's been a bunch of apps out there that have taken off and completely surprised me. But I can't think of another succes that makes me feel out of touch more than a 20B valuation for what launched as "the app that sends disappearing images". Kudos to the team though. Evan and Co, seem to have made a lot of very smart decisions in growing this business.

The main thing is that it's what facebook SHOULD be - a window into the lives of my friends and the people I care about. Facebook now just shows me constant shares of auto-playing videos from various click-bait and viral sites. Every single one of these videos flow up to the top of my newsfeed, but NONE of the people sharing them I would consider a "close friends" or anything like that - their newsfeed algorithm has warped their front page.

Re: Snapchat raised $1.8B in a Series F round

#139
post #136

Earlier quoted context omitted.

If you're that concerned/uncomfortable about what you're sending then don't send it in the first place. Once it's on the internet, it's there forever. Does Snapchat not have the feature now to save incoming messages for a price? I'll grant you the feature of drawing on pictures though.

Here's a question. Why do we need to record everything we do digitally? It's not like we record our conversations when people hang out in person. I'd argue it's stupid that we archive and collect every meaningless conversation we have.

Well, if I take the example from above regarding two people in a relationship. It IS nice, in my experience, to have a running dialogue with pictures available from our relationship. There are plenty of great moments I've received that I would prefer not to just disappear.

Re: Snapchat raised $1.8B in a Series F round

#140
post #136

Earlier quoted context omitted.

Here's a question. Why do we need to record everything we do digitally? It's not like we record our conversations when people hang out in person. I'd argue it's stupid that we archive and collect every meaningless conversation we have.

Well, if I take the example from above regarding two people in a relationship. It IS nice, in my experience, to have a running dialogue with pictures available from our relationship. There are plenty of great moments I've received that I would prefer not to just disappear.

> There are plenty of great moments I've received that I would prefer not to just disappear.

Between my SO and I, for stuff that's more memorable and may want to be saved, we'll use email, but for stuff like "look at this weird sign I saw downtown", we'll use Snapchat. An app is all about its use cases.

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