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Snap Inc. Reports First Quarter 2017 Results

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Re: Snap Inc. Reports First Quarter 2017 Results

#81

Post by pm90 »

monkmartinez wrote: post #39
objclxt wrote: post #19

Earlier quoted context omitted.

> A very key number here is revenue per user [...] this is down from $1.05 (14%) from what it reported for Q4 2016, before its IPO. I disagree a little with Bloomberg here, the numbers are bad (active users isn't great), but given the same number of users you'd expect advertising revenue (which is what they're driven by) to be down Q1 vs Q4. Ad budgets and spending is cyclical and seasonal, far more money is thrown a…

I have snapchat on my phone, not because I use it... my daughter likes to make funny faces. She does NOT post. Am I counted as an active user?

I have TV in my house, not because I watch any TV programs, but because I like BasketBall. Am I counted as an active user?

Not trying to come across as snarky, but trying to setup an easy analogy :).

Re: Snap Inc. Reports First Quarter 2017 Results

#82

Post by imdisappoint »

nikcub wrote: post #65
imdisappoint wrote: post #41

Tech companies, and startups in particular, are touted as the powerhouses of American innovation and economy. And yet, it seems that the past 5 years of economic activity have been illusory. I expect a similar fate of Uber and Airbnb. Once the dust settles only the staid big co's shall remain.

Top 5 companies by market cap in 2007: Petro China, Exxon, GE, China Mobile, Industrian and Commercial Bank of China Top 5 companies by market cap in 2017: Apple, Alphabet, Microsoft, Amazon, Berkshire That's a hell of an illusion

It's a good point. But I'm alluding more to budding companies, not established companies. Granted Facebook didn't IPO until 2012.

But, as far as I can tell the software industry has contracted into those big 5 tech firms. The siren call of working at a startup and making it is sounding strident.

Knowing what you know now, what startup, if any, would you have joined 5 years ago?

Would you join any startup now?

Re: Snap Inc. Reports First Quarter 2017 Results

#83

Post by imdisappoint »

chronic940 wrote: post #52
imdisappoint wrote: post #41

Tech companies, and startups in particular, are touted as the powerhouses of American innovation and economy. And yet, it seems that the past 5 years of economic activity have been illusory. I expect a similar fate of Uber and Airbnb. Once the dust settles only the staid big co's shall remain.

Do you still take an Uber to the airport?

I take Uber or Lyft, whichever is cheapest. The ride "sharing" industry is a brilliant innovation, but I seriously doubt it can support Uber's valuation.

Re: Snap Inc. Reports First Quarter 2017 Results

#85

Post by jeffchien »

I wonder if they're hobbling their user growth by not having some alternative lite app. I've come to associate their app with poor performance and battery drain while Facebook apps are relatively fine, perhaps with the exception of Messenger which they're slowly releasing Messenger Lite as an alternative.

Re: Snap Inc. Reports First Quarter 2017 Results

#86

Post by monkmartinez »

nikcub wrote: post #65
imdisappoint wrote: post #41

Tech companies, and startups in particular, are touted as the powerhouses of American innovation and economy. And yet, it seems that the past 5 years of economic activity have been illusory. I expect a similar fate of Uber and Airbnb. Once the dust settles only the staid big co's shall remain.

Top 5 companies by market cap in 2007: Petro China, Exxon, GE, China Mobile, Industrian and Commercial Bank of China Top 5 companies by market cap in 2017: Apple, Alphabet, Microsoft, Amazon, Berkshire That's a hell of an illusion

The market isn't the economy for starters. Furthermore, you can't talk about the market without talking about the FED, do you want to include that?

Re: Snap Inc. Reports First Quarter 2017 Results

#87

Post by bsder »

aaron-lebo wrote: post #58
thedarkginger wrote: post #17

Earlier quoted context omitted.

Sluggish user growth probably doesn't look much better when Facebook's overt effort to clone their product seems to be working. Instagram Stories alone already outpaces Snap 200M to 166M. Looks like an uphill battle from here. http://www.thefader.com/2017/04/14/instagram-stories-more-po...

When you put it like that, you have to wonder how they have any chance at all, save some crazy pivot. From a consumer perspective, it's disappointing that Facebook controls itself and now this arena. It's gonna be hard to find innovation when purchasing and cloning are the way to do business. In some circles, having an Instagram is as expected as having Facebook, which makes abstaining difficult.

> It's gonna be hard to find innovation when purchasing and cloning are the way to do business.

Welcome to Microsoft circa 1990. People forget how much oxygen Microsoft could suck out of a space simply by mentioning they were going to develop something.

Re: Snap Inc. Reports First Quarter 2017 Results

#88

Post by dmix »

pm90 wrote: post #78
aaron-lebo wrote: post #58

Earlier quoted context omitted.

When you put it like that, you have to wonder how they have any chance at all, save some crazy pivot. From a consumer perspective, it's disappointing that Facebook controls itself and now this arena. It's gonna be hard to find innovation when purchasing and cloning are the way to do business. In some circles, having an Instagram is as expected as having Facebook, which makes abstaining difficult.

Snapchat and Instagram definitely offer in somewhat similar spaces. All the semi-famous people I follow on instagram have their snapchat username right there in the profile.

People used to share Myspace and Facebook handle as well for a period of time...

Snap used to have an advantage in terms of age group. I'm curious if this is still the case.

Anecdotally I've heard from my partner that Instagram effectively duplicated a core feature of Snapchat to the point she no longer sees the point of Snapchat. But she always saw Snapchat as a side novelty, largely because she used Instagram well before Snapchat.

But I also see this as an age group thing, Snapchat had the image of being popular with high school kids while Instagram had penetrated the university-30yr old category most effectively. So it's hard to say merely as an outside spectator. As well as being geographically limited in my perspective.

Re: Snap Inc. Reports First Quarter 2017 Results

#89

Post by [deleted] »

pm90 wrote: post #78
aaron-lebo wrote: post #58

Earlier quoted context omitted.

When you put it like that, you have to wonder how they have any chance at all, save some crazy pivot. From a consumer perspective, it's disappointing that Facebook controls itself and now this arena. It's gonna be hard to find innovation when purchasing and cloning are the way to do business. In some circles, having an Instagram is as expected as having Facebook, which makes abstaining difficult.

Snapchat and Instagram definitely offer in somewhat similar spaces. All the semi-famous people I follow on instagram have their snapchat username right there in the profile.

[deleted]

Re: Snap Inc. Reports First Quarter 2017 Results

#90

Post by jeffjose »

pm90 wrote: post #78
aaron-lebo wrote: post #58

Earlier quoted context omitted.

When you put it like that, you have to wonder how they have any chance at all, save some crazy pivot. From a consumer perspective, it's disappointing that Facebook controls itself and now this arena. It's gonna be hard to find innovation when purchasing and cloning are the way to do business. In some circles, having an Instagram is as expected as having Facebook, which makes abstaining difficult.

Snapchat and Instagram definitely offer in somewhat similar spaces. All the semi-famous people I follow on instagram have their snapchat username right there in the profile.

I would argue that's a relic from the past. Most Instagram celebrities also had snapchat to post 'raw unedited' updates. Now that Instagram has stories, there probably isn't a strong reason to double post on snapchat as well.
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