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Snap Inc. Reports First Quarter 2017 Results

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Re: Snap Inc. Reports First Quarter 2017 Results

#241

Post by usrusr »

mstade wrote: post #238
kuschku wrote: post #226

Earlier quoted context omitted.

Or, as I mentioned (and got downvoted for yesterday), Google can. This is a very scary situation, where patents were originally developed to prevent exactly this.

I agree, but what can we do? Snap Inc. isn't exactly some teenager trying to make it out of their parent's garage. Patents obviously don't work, or at least not in their current form – troll litigation should suffice as proof of that – and besides, the big co's can just as well have departments doing nothing but patent all-the-things. As so many like to say: they idea matters less than the speed and strength of execu…

Focus on the positives: it's Google and Facebook, not Google and +

Re: Snap Inc. Reports First Quarter 2017 Results

#242

Post by mseebach »

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.

From a different perspective you could point out that the innovative companies (in this context, Instagram and Snapchat) were indeed capable of significant (relative to the space, at lease) innovation (and getting extremely well paid). I don't see how the risk of "ending up" like Instagram or Snapchat would discourage anyone from making a play in the field.

Unseating Facebook is a very different play from merely innovating.

Re: Snap Inc. Reports First Quarter 2017 Results

#243

Post by beachwood23 »

valuearb wrote: post #64
zkirill wrote: post #21

Earlier quoted context omitted.

Interesting! Thank you for your perspective and insight. Do you think that having some data reported automatically in realtime could minimize surprises such as what we see here? Perhaps then the quarterly reports could be more focused on describing the longterm strategy and market landscape?

Annual reports are for strategy. If you buy shares in a business that changes strategy on a monthly basis, you don't need more rapid reporting, you need to get out. Go read Buffetts annual shareholder letters, they are free on the internet going back 40 years. He repeatedly makes the key point that your investments need to have some enduring competitive advantage, if they do you don't need constant upgrades, if they…

> If you buy shares in a business that changes strategy on a monthly basis, you don't need more rapid reporting, you need to get out.

I think that with new companies, like Snapchat, Instagram, or even Uber, changing strategies on a monthly basis has become somewhat of a requirement.

Re: Snap Inc. Reports First Quarter 2017 Results

#244

Post by chefkoch »

trevyn wrote: post #113
tuna-piano wrote: post #93

Earlier quoted context omitted.

I don't know anything about this overall, but I have some interesting anecdotes that show the power of Facebook around the world. I've done some pretty substantial traveling throughout Asia, and just about everyone with a smartphone that I've met also has a Facebook account (excluding China). In Myanmar (aka Burma) the strict military government restricted internet usage until they turned over control of the governme…

> I explained what Google can help with: searching for information, reading news, etc. He showed me that he read news and did searches for things all from within the Facebook app. This is the most frightening thing I've read in a while.

AOL 2.0

Re: Snap Inc. Reports First Quarter 2017 Results

#245

Post by corobo »

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...

> Facebook's overt effort to clone their product

I'd be interested in hearing if anyone else absolutely hates this new stories thing Facebook is pinching from Snapchat.

Every damn time I pull down (Messenger on iOS) to reload the conversation list I end up at the damn camera. That's not how literally every other app works.

Now Facebook (iOS app) has updated and it feels like whenever I accidentally drag my thumb slightly in a non-specific direction across the screen the damn camera opens there too.

Bring on the next social network. This one's getting all gross and gooey.

Re: Snap Inc. Reports First Quarter 2017 Results

#246

Post by samolang »

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'd rather own snapchat personally. Think it has more upside than the rest of those combined. Only one close is twitter. You don't buy a company like snapchat for a 20% return, it's 5-10x return or bust.

Re: Snap Inc. Reports First Quarter 2017 Results

#247

Post by traviswingo »

wtf_is_up wrote: post #204
EGreg wrote: post #137

Earlier quoted context omitted.

Just out of curiosity, what kinds of things can a startup do to avoid being copied and killed out of the gate by Facebook? Poison pill? Patent?

Sell out when they offer you $3bn.

Seriously, though. I never understood why Groupon, Snap, etc. turn down these multi-billion dollar acquisition offers. It's not like these products/services have a huge impact on the world (if they were to disappear, who would really care?), take the money and run.

Re: Snap Inc. Reports First Quarter 2017 Results

#248

Post by moolcool »

corobo wrote: post #245
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...

> Facebook's overt effort to clone their product I'd be interested in hearing if anyone else absolutely hates this new stories thing Facebook is pinching from Snapchat. Every damn time I pull down (Messenger on iOS) to reload the conversation list I end up at the damn camera. That's not how literally every other app works. Now Facebook (iOS app) has updated and it feels like whenever I accidentally drag my thumb slig…

I don't think I've had a single friend use a Facebook story ever

Re: Snap Inc. Reports First Quarter 2017 Results

#250

Post by moolcool »

Fricken wrote: post #95
aub3bhat wrote: post #73

Earlier quoted context omitted.

5 Million / 50K (worse if you use 65K) = 100 Snaps per spectacle over a 90 day period = 1 Snap per spectacle per day. Thats super low engagement. For one its not going to alleviate any growth concerns. I see an Apple buyout looming.

Spectacles aren't really comparable to Google Glass, they're more like an action camera, such as a GoPro, but dumbed down and really easy to use. What counts as high user engagement for such a product? It's the sort of thing you only take out for events and special outings.

>they're more like an action camera, such as a GoPro

Except it looks like they're built like dollar store glasses, and have terrible battery life

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