And their GCP contract is for $400M a year?
I came here wondering the exact same thing. Seems insane.
Snapchat reportedly hit 160M daily users and $400M revenue in 2016
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Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#42As someone who never really "got" Snapchat, I found this interesting: >Snapchat has done an impressive job soaking up attention by covering three different use cases with a single app: private messaging, social media Stories broadcasting, and professional Discover content. These work together to give people something to do even if their friends don’t post interesting stories, they’re waiting for people to reply, or t…
I assume Snapchat has a Disney-esque size valuation around $176B. All these social networks morph into media companies and Disney is a good fit because it caters primarily to the youth.
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#43Earlier quoted context omitted.
I think 27 is old for HN, so I'm right there with ya. The tinder and snapchat generation blew right by me. I still use twitter and instagram, but I don't immediately reach for them. I typically go to HN, an article, or another piece of reading material when I'm bored.
Oh no; 27 can't be old. I can't be old D: 27 isn't old!
Given majority of people exit their companies and retire by 30 - 35 these days, 27 is becoming quite old in the HN workforce.
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#44[deleted]
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#45I've been hearing they are losing a lot of users to Instagram, since the latter basically copied the best features of Snapchat. Anyone has any opinion on the topic?
Instagram's stories have been evolving very quickly.
They've added the ability to tap on usernames written in the videos, to take you straight to their profile, or open up an in app browser to look at websites and catalogues, or link to the geotagged place.
It'll be a game of cat and mouse.
Snapchat users are still posting more on snapchat, and sharing subsets of what they posted on instagram. Instagram only users are using the stories on Instagram exclusively.
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#46Should I be experiencing FOMO over Snapchat? Is Snapchat one of those things you only get into if all of your friends are doing it? (like, say heroin for example)
bounce from Tinder to Snatchchat
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#47Earlier quoted context omitted.
If I pull out my phone I go right to HN, or the current book I'm reading. I'm definitely old now...
Same here. In a sense HN is a sort of restricted social network for me, or even a tribe if you wish. Except we don't gather around the fire anymore, we gather around a website and exchange stories not of hunting animals, but hunting bugs.
I'm still fairly new to HN but I love the quality of posts and expertise in almost every technical thread.
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#48Earlier quoted context omitted.
Most people between the ages of 10-30 have been conditioned to pull out their phone during the slightest feeling of boredom, awkwardness, loneliness, or of course notification noise / buzz. It then becomes a question of which App gets opened first which usually is decided by the amount of 'reward' generated by the action. I can only speak to my demo, but the order is usually: Tier 1: * Text messaging * Snapchat Tier…
I'd put Imgur and Reddit in tier 1
Do people just browse Imgur or what is there to do? I've never gone to the site other than to upload or through a link (mostly from Reddit).
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#49Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#50Earlier quoted context omitted.
I'd put Imgur and Reddit in tier 1
Do people just browse Imgur or what is there to do? I've never gone to the site other than to upload or through a link (mostly from Reddit).
Yes you just browse it. It has public posts and comments. Most of the popular images become popular on Imgur first, then they make their way to Reddit.