Earlier quoted context omitted.
There is a thriving market in amateur adult modeling and porn. I am thinking of writing an e-book about it.
I would preorder such an ebook.
Snap Inc. Third Quarter 2017 Results
81–90 of 204 posts
Re: Snap Inc. Third Quarter 2017 Results
#82The headline figure misses quite a lot: Daily active users (DAU)(1) – DAUs grew from 153 million in Q3 2016 to 178 million in Q3 2017, an increase of 25.2 million or 17% year-over-year. DAUs increased 4.5 million or 3% quarter-over-quarter, from 173 million in Q2 2017. That's good growth year-to-year, but not spectacular. Still, they aren't being completely killed by FB/Insta/WhatsApp Average revenue per user (ARPU)(…
Add in their enterprise value to revenue ratio and its a very sad story.
Re: Snap Inc. Third Quarter 2017 Results
#83“Excess inventory and related charges – In Q3 2017, we recorded $39.9 million of charges related to Spectacles inventory, primarily related to excess inventory reserves and inventory purchase commitment cancellation charges.“ Looks like spectacles was a failure.
a spectacular failure
Re: Snap Inc. Third Quarter 2017 Results
#84Earlier quoted context omitted.
I am fascinated by Facebook. It is one of the most valuable companies in the world but if you took it away from me (and I would argue most people) tomorrow morning it would have almost no impact on our day to day lives. I actively use it and my girlfriend is obsessed with Instagram but if she didnt have it she would just go back to reading blogs on Tumblr or wherever. I would hate to live in a world without Google or…
You don't run a business, I can tell.
Re: Snap Inc. Third Quarter 2017 Results
#85As it stands now they are basically pulling a Twitter.
Re: Snap Inc. Third Quarter 2017 Results
#86Snap went from an incredible growth rate to a terrible growth rate because of a few simple (and sadly, quite common) strategic mistakes: 1. Underestimating the competition. Evan Spiegel clearly believed that Zuckerberg would never figure out how to beat him. He seems to have concluded that he was smarter, more creative, and more agile than Zuck. He profoundly miscalculated Zuck's relentlessness and is now losing badl…
I am fascinated by Facebook. It is one of the most valuable companies in the world but if you took it away from me (and I would argue most people) tomorrow morning it would have almost no impact on our day to day lives. I actively use it and my girlfriend is obsessed with Instagram but if she didnt have it she would just go back to reading blogs on Tumblr or wherever. I would hate to live in a world without Google or…
Nearly every aspect of my social life is planned on Facebook. It's the one place where nearly everyone I know are. Facebook, for me, is really just the best event planning tool in existence.
I'd also instantly lose contact with a bunch of acquaintances and friends. I've moved around quite a bit in my life and Facebook connects me with those people. When I travel it's the platform I use to reach out to the people I want to catch-up with. It'd be a real bummer to lose that.
It's true that the news feed aspect of Facebook is something I wouldn't miss. It's something I never use anymore, politics has taken care of that. But all of the features around it ARE things I deeply care about.
Re: Snap Inc. Third Quarter 2017 Results
#87Snap went from an incredible growth rate to a terrible growth rate because of a few simple (and sadly, quite common) strategic mistakes: 1. Underestimating the competition. Evan Spiegel clearly believed that Zuckerberg would never figure out how to beat him. He seems to have concluded that he was smarter, more creative, and more agile than Zuck. He profoundly miscalculated Zuck's relentlessness and is now losing badl…
I think the simpler explanation is: a social media monopoly replicated a smaller competitor's best features and let their dominance do the rest. Let's not pretend it's possible to compete with Facebook on a level playing field.
You just can't beat them at being Facebook.
Re: Snap Inc. Third Quarter 2017 Results
#88Snap went from an incredible growth rate to a terrible growth rate because of a few simple (and sadly, quite common) strategic mistakes: 1. Underestimating the competition. Evan Spiegel clearly believed that Zuckerberg would never figure out how to beat him. He seems to have concluded that he was smarter, more creative, and more agile than Zuck. He profoundly miscalculated Zuck's relentlessness and is now losing badl…
I am fascinated by Facebook. It is one of the most valuable companies in the world but if you took it away from me (and I would argue most people) tomorrow morning it would have almost no impact on our day to day lives. I actively use it and my girlfriend is obsessed with Instagram but if she didnt have it she would just go back to reading blogs on Tumblr or wherever. I would hate to live in a world without Google or…
If you cut me off tomorrow of Facebook and Messeneger I would instantly loose contact to the majority of people I care about (except my wife and parents).
I would end up spending life on my couch watching Netflix instead of engaging in a rich social life I have now thanks to FB events, groups, Messeneger, etc.
And I guarantee you that’s true for a large amount of the user base! Otherwise they wouldn’t retain.
(Fake) news and cat videos are a very hyped topic...but it’s really only a small part of why people actually use FB
Re: Snap Inc. Third Quarter 2017 Results
#89Snap went from an incredible growth rate to a terrible growth rate because of a few simple (and sadly, quite common) strategic mistakes: 1. Underestimating the competition. Evan Spiegel clearly believed that Zuckerberg would never figure out how to beat him. He seems to have concluded that he was smarter, more creative, and more agile than Zuck. He profoundly miscalculated Zuck's relentlessness and is now losing badl…
It is worth $16b even after the affect of this earnings report.
Facebook might have slowed their growth but they did make a huge company before they were slowed down.
Re: Snap Inc. Third Quarter 2017 Results
#90Honestly, the best thing Snap can do to control their destiny is gut headcount by 2/3. If they bring their costs down so they aren't burning cash, they still have a highly engaged user base that is stable with decent advertising revenue. If they aren't burning cash like a wildfire, they can have some time to think strategically to build better user growth and engagement. Spiegel needs a strong COO like Sheryl Sandber…