Snap Jumps in Debut After App Maker Raises $3.4B in IPO
1–10 of 369 posts
Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO
#2Reminds me of Facebook IPO, a lot of people were claiming it will plunge and eventually go bankrupt. But companies with such big daily active audience that can be targeted with ads are here to stay.
Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO
#3I know that the Snapchat platform is worth something, it has high engagement and adoption of 18-24 year old age segment, and that is worth a lot in terms of attention and advertising $s.
However, this just feels completely out of proportion to earnings and downside does not seem priced in. Willing to be proved wrong of course, but especially seeing as they are non voting shares, I cannot understand this pricing.
Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO
#4Reminds me of Twitter IPO... just wait.
Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO
#5I wonder how much of this is investors with a good understanding of Snap's potential buying because they feel it's a good gamble versus stock market investors not having many opportunities to invest in tech startups because there's so few IPOs.
Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO
#6Reminds me of Facebook IPO, a lot of people were claiming it will plunge and eventually go bankrupt. But companies with such big daily active audience that can be targeted with ads are here to stay.
Considering it went smoothly it doesn't remind me of Facebook's IPO at all. Twitter should be all the evidence you need of how hard it is to succeed selling advertising to a big audience. Snap might crush it, but I would give them a few earnings reports before comparing them to anyone.
Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO
#7I know that the Snapchat platform is worth something, it has high engagement and adoption of 18-24 year old age segment, and that is worth a lot in terms of attention and advertising $s. However, this just feels completely out of proportion to earnings and downside does not seem priced in. Willing to be proved wrong of course, but especially seeing as they are non voting shares, I cannot understand this pricing.
FOMO. And the market is really frothy in general right now.
Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO
#8Reminds me of Facebook IPO, a lot of people were claiming it will plunge and eventually go bankrupt. But companies with such big daily active audience that can be targeted with ads are here to stay.
Especialy with such efficient ad sales people - https://mic.com/articles/170019/leaked-snapchat-emails-anti-...
Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO
#9Reminds me of Facebook IPO, a lot of people were claiming it will plunge and eventually go bankrupt. But companies with such big daily active audience that can be targeted with ads are here to stay.
The Facebook IPO was a disaster and did stay below target for quite awhile post-IPO
Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO
#10Reminds me of Facebook IPO, a lot of people were claiming it will plunge and eventually go bankrupt. But companies with such big daily active audience that can be targeted with ads are here to stay.
Considering it went smoothly it doesn't remind me of Facebook's IPO at all. Twitter should be all the evidence you need of how hard it is to succeed selling advertising to a big audience. Snap might crush it, but I would give them a few earnings reports before comparing them to anyone.
Facebook's market debut showed that Facebook did an excellent job controlling and pricing the IPO. Banks complaining -> Facebook and insiders won.
This debut just shows that Snapchat wasn't in the driver's seat. Major holders are still mega wealthy though.