61–70 of 337 posts
Earlier quoted context omitted.
Is it not possible to build your own "alternative in the market" for $2 billion?
It is absolutely possible to build a stellar internal alternative to Google's offerings in 5 years with 2 billion dollars. edit: I should point out that this doesn't account for ramp-up. It would obviously take awhile before things would be to a point where it would be even comparable.
"We have incurred operating losses in the past, expect to incur operating losses in the future, and may never achieve or maintain profitability." haha
They spent $890,339 on security for Evan Spiegel in 2016? Why does he need that much security? Who is trying to hurt him?
According to Wikipedia, he has $2b in wealth [0]. I have no idea whether $900,000 / year is high or low for someone of that net worth. [0] https://en.wikipedia.org/wiki/Evan_Spiegel#Personal_life
> We had 158 million Daily Active Users on average in the quarter ended December 31, 2016, and we view Daily Active Users as a critical measure of our user engagement. > We anticipate that our Daily Active Users growth rate will decline over time if the size of our active user base increases or we achieve higher market penetration rates. If our Daily Active Users growth rate slows, our financial performance will incr…
For now it seems like they're still only a picture-sharing app that's popular right now. Obviously they're doing a lot to secure this position, but I wonder if they'll be able to maintain user's engagement for a longer period of time.
"We have committed to spend $2 billion with Google Cloud over the next five years and have built our software and computer systems to use computing, storage capabilities, bandwidth, and other services provided by Google, some of which do not have an alternative in the market." There's some numbers for you that Google wouldn't have provided (as far as I have seen).
Is it not possible to build your own "alternative in the market" for $2 billion?
From my mostly uninformed POV, a company can do whatever they want with respect to this and be on good ground, making it an arbitrary decision with little basis in actual objectivity.
"We have committed to spend $2 billion with Google Cloud over the next five years and have built our software and computer systems to use computing, storage capabilities, bandwidth, and other services provided by Google, some of which do not have an alternative in the market." There's some numbers for you that Google wouldn't have provided (as far as I have seen).
Is it not possible to build your own "alternative in the market" for $2 billion?
They spent $890,339 on security for Evan Spiegel in 2016? Why does he need that much security? Who is trying to hurt him?
According to Wikipedia, he has $2b in wealth [0]. I have no idea whether $900,000 / year is high or low for someone of that net worth. [0] https://en.wikipedia.org/wiki/Evan_Spiegel#Personal_life
http://files.shareholder.com/downloads/AAPL/3444424458x0x921...
Am I reading this right? I'm no banker... Their losses for 2016 were ~$500m? That's very steep, but it looks like revenue grew almost 700%. Wow. Insane numbers. I don't think anyone on the planet knows what's going to happen with them but I am sure interested in finding out.
(And to the people downvoting me, please explain why you think it won't tank like Twitter - thanks!)