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Snap Inc. Reports First Quarter 2017 Results

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Re: Snap Inc. Reports First Quarter 2017 Results

#121

Post by sah2ed »

monkmartinez wrote: post #105
askafriend wrote: post #97

Earlier quoted context omitted.

I think you're severely underestimating the scale and reach of Facebook. There's a reason it's a ~450B company. It really does have that many users. Even if a solid 20% of them are all fake accounts (which I don't think the percentage is that high), it's still a large part of the connected world. There's a reason Facebook is developing technology to bring the rest of the unconnected world online. It's because they kn…

It is not hate and you may well be right about the scale and reach of facebook right now. However, I think many people over-estimate the real utility of Facebook. That is, lives would not materially change for the better or worse if facebook fell off the face of the internet tomorrow, imo. Emotional reactions aside, Gajendra from Nepal and Tom from California would continue with life as they did before Facebook was a…

For a lot of people, Facebook as addictive as watching TV so I don't think they'll be disappearing anytime soon.

In fact this is how I think of them and their business interests; they are nothing more than merchants of human attention (like Google). After all, the bulk of their revenues comes directly from ads.

VR may be toy-like tech for a lot of people today, but Zuckerberg is betting on it to be the next big frontier for computing similar to how they doubled-down on mobile with the emergence of touch screens heralded by the iPhone.

Re: Snap Inc. Reports First Quarter 2017 Results

#122

Post by trevyn »

slackoverflower wrote: post #112
peacetreefrog wrote: post #92

It still seems overvalued. What would you rather own? Snapchat -- which, after dropping 23% today has a market cap of 21.5B. Or ALL of... Yelp - 2.21B GoPro - 1.21B FitBit - 1.38B Groupon - 2.01B Twitter - 13.59B Sonic - 1.27B ...for a total of 21.67B

I would most certainly buy $SNAP over every one of these companies. People don't get it. For everyone between the ages of 13 to 26, Snapchat is their only social network, their only messaging app, their go to camera! That is inherently more value that any of those companies combined.

I don't believe you're correct. I don't know about the lower end of that range, but in the US, the higher end of that range uses Instagram and iMessage heavily as well.

Re: Snap Inc. Reports First Quarter 2017 Results

#123

Post by QML »

slackoverflower wrote: post #112
peacetreefrog wrote: post #92

It still seems overvalued. What would you rather own? Snapchat -- which, after dropping 23% today has a market cap of 21.5B. Or ALL of... Yelp - 2.21B GoPro - 1.21B FitBit - 1.38B Groupon - 2.01B Twitter - 13.59B Sonic - 1.27B ...for a total of 21.67B

I would most certainly buy $SNAP over every one of these companies. People don't get it. For everyone between the ages of 13 to 26, Snapchat is their only social network, their only messaging app, their go to camera! That is inherently more value that any of those companies combined.

Can't tell if sarcasm -- Snapchat is not the only social network that people from ages 13 to 26 use. Out of all the apps I deleted to study for finals, Facebook's Messenger was not included.

Re: Snap Inc. Reports First Quarter 2017 Results

#124

Post by nojvek »

tuna-piano wrote: post #102
cbhl wrote: post #99

Earlier quoted context omitted.

Facebook saw the "we're saturating the number of people on the Internet" wall years ago. That's why they zero-rate the app, and integrated SMS notifications and had J2ME and SIM apps.

They also have a "free basics" program which partners with networks (I think primarily developing countries) and gives people access to Facebook with no network/bandwidth costs. Seems like a win-win? https://developers.facebook.com/docs/internet-org

I envision that Facebook really wants to become the wechat of the world. From the lessons of Trump, if mark becomes the president I see him really pushing FB politically.

Re: Snap Inc. Reports First Quarter 2017 Results

#125

Post by funkyy »

rjvir wrote: post #34
ceejayoz wrote: post #23

Earlier quoted context omitted.

Facebook didn't have a competitor with 20x the market cap doing a great job of rapidly copying their distinguishing features.

Over 1000 Googlers were cranking on Google Plus, which at the time was a Facebook copy cat. What makes Facebook so threatening to Snapchat is the aggressive cloning in tandem with it's pre-existing, larger network. By the time Google decided to clone Facebook, the Facebook Graph was already more powerful than the GMail graph (which is what Google Plus was built on).

Facebook copycat? It was poor take on Facebook. Bad design, bad decisions, bad UI and bad UX. There was no vision for it, Google Plus would be much better as LinkedIn killer than Facebook killer.

Re: Snap Inc. Reports First Quarter 2017 Results

#126

Post by winslow »

ithinkinstereo wrote: post #11

User growth is plummeting: Q4'15 - 13.8% Q1'16 - 14% Q2'16 - 17.2% Q3'16 - 7% Q4'16 - 3.2% Instagram Stories launched Q3'16. Going forward, growth is going to be flat, maybe even negative, now that every messenger service now has their own Stories clone.

While a very small market segment but I've noticed that my user demographic's snap story usage has been in rapid decline. The people whom I saw using snap stories the majority of time, have since cut their usage in half if not completely and switched to Instagram stories.

Going to be very interesting to see how they handle user growth & user engagement.

Re: Snap Inc. Reports First Quarter 2017 Results

#127

Post by vassilyk »

slackoverflower wrote: post #112
peacetreefrog wrote: post #92

It still seems overvalued. What would you rather own? Snapchat -- which, after dropping 23% today has a market cap of 21.5B. Or ALL of... Yelp - 2.21B GoPro - 1.21B FitBit - 1.38B Groupon - 2.01B Twitter - 13.59B Sonic - 1.27B ...for a total of 21.67B

I would most certainly buy $SNAP over every one of these companies. People don't get it. For everyone between the ages of 13 to 26, Snapchat is their only social network, their only messaging app, their go to camera! That is inherently more value that any of those companies combined.

Then, they will try to - let's say - organize an event and will realise Facebook might not be fun, but damn useful to do this kind of stuff. Snapchat is not a social network, it's just a camera app. It's just a feature easily cloned by Facebook, and Facebook will end up winning just because of the network effect they can count on globally, and across nearly all demographics.

Don't buy.

Re: Snap Inc. Reports First Quarter 2017 Results

#128

Post by BinaryIdiot »

ithinkinstereo wrote: post #11

User growth is plummeting: Q4'15 - 13.8% Q1'16 - 14% Q2'16 - 17.2% Q3'16 - 7% Q4'16 - 3.2% Instagram Stories launched Q3'16. Going forward, growth is going to be flat, maybe even negative, now that every messenger service now has their own Stories clone.

> Going forward, growth is going to be flat, maybe even negative, now that every messenger service now has their own Stories clone.

This is my thinking as well. Stories was a good idea but there wasn't anything proprietary about it and now that a larger service (Instagram) copied it much better there isn't much point to using it on Snapchat anymore. I would imagine their users will continue using their silly filters and doing direct messaging but so many apps have built in filters now I don't know that it is a big enough differentiator anymore.

I think the performance of their stock is going to depend on how well they execute on a new product like spectacles.

Re: Snap Inc. Reports First Quarter 2017 Results

#129

Post by nojvek »

slackoverflower wrote: post #112
peacetreefrog wrote: post #92

It still seems overvalued. What would you rather own? Snapchat -- which, after dropping 23% today has a market cap of 21.5B. Or ALL of... Yelp - 2.21B GoPro - 1.21B FitBit - 1.38B Groupon - 2.01B Twitter - 13.59B Sonic - 1.27B ...for a total of 21.67B

I would most certainly buy $SNAP over every one of these companies. People don't get it. For everyone between the ages of 13 to 26, Snapchat is their only social network, their only messaging app, their go to camera! That is inherently more value that any of those companies combined.

Facebook is big, it's everywhere. That's not cool for teens. Being different is what teens want. This can backfire on snap too if there is something even "cooler".

I will definitely buy some SNAP after they employees sell like crazy in desperation. I am optimistic about future value of SNAP and pessimistic about Facebook

Re: Snap Inc. Reports First Quarter 2017 Results

#130

Post by atbentley »

thedarkginger wrote: post #17
chollida1 wrote: post #7

Some quick highlights as to why the stock is being punished. > Adjusted Ebitda Loss $188.2M, Est. Loss $176.9M > 1Q Daily Active Users 166M, Est. 168M > 1Q Rev. $149.6M, Est. $158.6M > 1Q Loss/Shr $2.31 I'm guessing the big issue is the miss on Daily active users. This is the same thing that caused the street ot hammer twitter. Rule of thumb for non profitable tech companies.... If you are a company that isn't making…

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...

> According to the report, Instagram Stories has more than 200 million users per day, with that number being measured by people updating their story or watching a friend's.

I wonder what the number would be if those who only watched stories were excluded. Its also worth considering that Instagram delivers some of their announcements as stories and whether or not people viewing those also count towards the active user number.

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