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Snap falls to IPO price

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Re: Snap falls to IPO price

#241

Post by kumarvvr »

boobsbr wrote: post #222
fergie wrote: post #215

Earlier quoted context omitted.

> Facebook ... has a pretty substantial moat by way of users 'punishing' each other for leaving What do you mean by this?

I think it's because you might lose contact with people if you don't have a FB profile. If you're not on FB and don't interact with your 'friends' frequently, people kinda forget you exist and stop talking to you, and friendships wither. Even geographically close friendships. Kinda like being ostracised.

Am I the only one who thinks this line of thought is bullshit??

I am off FB for more than a year now, and I am just as much in contact with my friends as always.

Re: Snap falls to IPO price

#242

Post by zimpenfish »

kumarvvr wrote: post #241
boobsbr wrote: post #222

Earlier quoted context omitted.

I think it's because you might lose contact with people if you don't have a FB profile. If you're not on FB and don't interact with your 'friends' frequently, people kinda forget you exist and stop talking to you, and friendships wither. Even geographically close friendships. Kinda like being ostracised.

Am I the only one who thinks this line of thought is bullshit?? I am off FB for more than a year now, and I am just as much in contact with my friends as always.

That is excellent for you. But you are not the world. I interact with people I'd label as "friends" where Facebook (or Facebook Messenger for some) is the only avenue I have for that interaction.

And for some, it's the only avenue I'd want to use.

Re: Snap falls to IPO price

#243

Post by sah2ed »

semperdark wrote: post #99
will_pseudonym wrote: post #70

Earlier quoted context omitted.

I'll stick with the Oracle of Omaha. :)

Do keep in mind that he rather famously avoids investing in tech companies.

He has since capitulated. He now regrets not buying Google low when he had the chance.

http://fortune.com/2017/05/06/warren-buffett-berkshire-hatha...

Re: Snap falls to IPO price

#244

Post by Rjevski »

mrweasel wrote: post #231
Rjevski wrote: post #155

I can't understand what are they doing to not make any profits. They are selling ads. Server resources to exchange the pictures are a minor cost, so where is all that ad money going to? If they stopped wasting money on development time making their UX even worse, or stupid stuff like Spectacles, or this: https://www.recode.net/2017/6/17/15824222/snapchat-ferris-wh... - maybe they would actually be making profits righ…

>They are selling ads. They do? Where does those ads show up? I've never seen ads on Snapchat, I get the feeling that most people aren't.

They had a "Discover" section at the top of the stories which are essentially sponsored stories companies (like Buzzfeed) pay for.

Now they've changed them and it looks like sponsored snaps appear in between your friend's snaps when you view their stories.

Re: Snap falls to IPO price

#245

Post by kumarvvr »

zimpenfish wrote: post #242
kumarvvr wrote: post #241

Earlier quoted context omitted.

Am I the only one who thinks this line of thought is bullshit?? I am off FB for more than a year now, and I am just as much in contact with my friends as always.

That is excellent for you. But you are not the world. I interact with people I'd label as "friends" where Facebook (or Facebook Messenger for some) is the only avenue I have for that interaction. And for some, it's the only avenue I'd want to use.

I never said I was the world, but please take my statements in the context of close personal relationships.

If ones requirement is to maintain acquaintances, then fine. However, I was disputing the parent comment's assertion that leaving FB is akin to a punishment.

Re: Snap falls to IPO price

#246

Post by s0me0ne »

beager wrote: post #8

What does $SNAP need to do to deliver on the hype? Is there anything that can make $SNAP a good investment for anyone other than the parties involved in trading the IPO? I tend to be bearish on $SNAP in general, but I'm interested in the discussion. How do they right the ship and boost back up to that $25-30 range? What's their play?

Anything they do FB will steal and put in their products

Re: Snap falls to IPO price

#247

Post by exelius »

wuliwong wrote: post #43
exelius wrote: post #33

Earlier quoted context omitted.

Agree with you here -- Facebook had a well-formed mobile strategy, the only question was whether it would work. Once it started to work, the stock took off like a rocket. Snap is a much bigger question mark. So far their plan looks to be "Do what Facebook did, only for AR/VR". Except Facebook and Snap will be splitting the market; where Facebook had no competition and absolute dominance before they IPOed. Facebook is…

I haven't been following SnapChat too closely, I know they made some glasses not too long ago. It is surprising to me that they are trading on the ID that they will be more successful in AR/VR. I can't imagine have invested nearly as much into AR/VR as Facebook/Oculus. Amount invested doesn't mean success for sure but I expect Facebook to be at the forefront of AR/VR at least in the near future.

Right; AR is significantly less useful without a massive data platform backing it up. But the real problem is that Snap doesn't really have too many paths for growth that don't run into Facebook's existing network effects.

Facebook is already a top aggregator -- and already has a lot of preference data from billions of users. Those are enormous network effects, and even if Snap is hugely innovative, Facebook will always be able to replicate Snap's products much faster and better than Snap will be able to replicate Facebook's network effects.

Re: Snap falls to IPO price

#249

Post by __jal »

kumarvvr wrote: post #241
boobsbr wrote: post #222

Earlier quoted context omitted.

I think it's because you might lose contact with people if you don't have a FB profile. If you're not on FB and don't interact with your 'friends' frequently, people kinda forget you exist and stop talking to you, and friendships wither. Even geographically close friendships. Kinda like being ostracised.

Am I the only one who thinks this line of thought is bullshit?? I am off FB for more than a year now, and I am just as much in contact with my friends as always.

For the record, I have never used FB. I hated it from go.

I also can't point to any real studies; all I've got is anecdata, much like your personal experience.

That said, I have heard from multiple people variations on trying to quit or use it less, and getting grief from family and friends for not taking part. And I personally get passive-agressive commentary from my family for refusing to take part - "What did you think of - oh, that's right, you never saw [cousin]'s baby pictures because of your Facebook thing."

Re: Snap falls to IPO price

#250

Post by semperdark »

sah2ed wrote: post #243
semperdark wrote: post #99

Earlier quoted context omitted.

Do keep in mind that he rather famously avoids investing in tech companies.

He has since capitulated. He now regrets not buying Google low when he had the chance. http://fortune.com/2017/05/06/warren-buffett-berkshire-hatha...

Interesting, I actually had no idea. Thank you for the link.
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