Snapchat has reportedly filed confidentially for its massive IPO

Post by ethanbond » Tue, Nov 15, 2016, 9:53 PM UTC

rgbrenner wrote: post #28

taytus wrote: post #12

I'm a professional photographer with about 16K + Instagram followers. I used snapchat to stream behind the scenes photos and videos and retouching tutorials, but that was a black box. Yes, I had comments open and I interacted with my friends and fans, but I couldn't tag anyone, or hashtags, discoverability is a serious issues in that platform. I started using Instagram stories and now I have the same views per snaps…

It definitely sounds like Instagram is a better fit for that. But is that really Snapchat's core use case? There's definitely some overlap in uses, but instagram isn't a complete replacement for Snapchat. And the areas where instagram doesn't cover snapchat, it seems like are snapchat's primary uses.

Post by WheelsAtLarge » Tue, Nov 15, 2016, 9:56 PM UTC

kevando wrote: post #14

Maybe I'm alone here, but I love the way Evan and Snapchat, er Snap, communicate as a company. They are incredibly tight lipped, but also very honest and blunt. They've talked about this IPO for years, and made no secret about becoming a camera company.

Post by johngrefe » Tue, Nov 15, 2016, 9:57 PM UTC

deepnotderp wrote: post #30

johngrefe wrote: post #21

So people are super hyped about the Snapchat Spectacles. I get the excitement, they are Google Glass at a proletariat price, so owning them doesn't make you a GlassHole. Snapchat is one of the most popular LA Unicorns. Everyone is waiting for them to go public. So how did they release their big hardware add on? Limited time vending machines. They are spinning it as cool, but with XMas, their supposed capitalization a…

My personal hypothesis on this is that they're eating a loss at the price range right now and are trying to figure out if people are interested in the spectacles and at what price.

Post by jandrese » Tue, Nov 15, 2016, 9:59 PM UTC

BurningFrog wrote: post #27

sfaf wrote: post #6

Earlier quoted context omitted.

a) To build an ad business capable of handling $100m of ads. You need massive investments in sales, infrastructure, tools, etc. to build a business like that b) They have one of the fastest growing user bases in the social space, their users spends an astounding amount of time on the app (estimated at 30 minutes per day), and their user base is the most targeted demographic for demographics. Also they have literally…

I wonder if the user base that rushes in so fast to Snapchat might not rush as quickly to the next cool app, whenever it pops up.

Post by MaxLeiter » Tue, Nov 15, 2016, 10:01 PM UTC

sfaf wrote: post #6

Tepix wrote: post #2

Could someone explain a) Why they need so much money? Don't tell me it's to produce some spectacles b) Why they are worth so much? I get that they have an interesting user base (young people), but they are having a hard time making money, aren't they? That $19b WhatsApp purchase hasn't exactly earned a lot of money yet, has it? It's still a very long bet, especially with Facebook being forbidden to collect the data n…

a) To build an ad business capable of handling $100m of ads. You need massive investments in sales, infrastructure, tools, etc. to build a business like that b) They have one of the fastest growing user bases in the social space, their users spends an astounding amount of time on the app (estimated at 30 minutes per day), and their user base is the most targeted demographic for demographics. Also they have literally…