101–110 of 204 posts
Oof, that is a staggering quarterly loss, how long will investors be willing to tolerate that when there are competitors active now in that industry, mainly instagram.
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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.
Facebook recreated snapchat mere months after it launched with an app called Poke. It was literally the exact same app, but people didn't use it. It's more than just recreating the best feature.
The 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)(…
3% quarter over quarter growth on a product that is supposed to be still in growth mode is pretty bad. Compare this growth rate to Facebook's when it was was a 200 million DAU and it is not much at all. Add in their enterprise value to revenue ratio and its a very sad story.
Yes this is very true.
They have to find a new growth channel somehow. It's good news that their user base isn't being eroded by competition, but they need to try something different to grow.
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a spectacular failure
Are you speculating or have you seen this clearly? Personally, any way you frame it, it comes down to a lack of focus; failing to act before the lens of public opinion shifted.
Honestly, 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…
Maybe they can get the fuck out of Venice
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- They lost $3 Billion in 9 months. - For every $6 they spent, they got back $1 in revenue. - The product is an app which is free to use. - A large chunk of their system runs on Google App Engine; which is probably the most expensive and highest lock-in infrastructure solution that you could possibly use. - The CEO, who was basically fresh out of university, turned down a $4 Billion offer buy the company. So basicall…
irrational Can you explain? Curious.
Oof, that is a staggering quarterly loss, how long will investors be willing to tolerate that when there are competitors active now in that industry, mainly instagram.
The net loss is in parenthesis so doesn't that mean it's a net profit? This chart makes no sense.
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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…
Really? It'd have a HUGE impact on my life. 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 pl…
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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…
I personally couldn’t disagree more. 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! Ot…