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Snap Inc. Third Quarter 2017 Results

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Re: Snap Inc. Third Quarter 2017 Results

#141

Post by sgt »

sitepodmatt wrote: post #121
dingo_bat wrote: post #94

Snapchat needs to cut 60% of their workforce and then relentlessly focus on the iOS platform. Make a better spectacles and make it work only on iPhone. Let the Android app languish. This is the only way to long term success. This way they maintain exclusivity and also able to polish the app much better. For example the shit transferring experience on spectacles can be easily fixed if they optimise it for iPhone. And…

You mean like the roaring success FaceTime is in the messaging space? And how .pages beat out PDFs?

Although it may not be a roaring success, I believe FaceTime is at least fairly successful. It also works really well in my experience, and on the desktop is far more efficient for 1-1 calls than Hangouts in the browser which spins up my MBP's fans.

Re: Snap Inc. Third Quarter 2017 Results

#142

Post by batiudrami »

siddharthdeswal wrote: post #123
lefstathiou wrote: post #76

Earlier 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…

I could agree with you even more than what I already do. My social life is on WhatsApp groups. No one in my social circle uses Facebook Messenger for anything relevant. The number of friends' photos has steadily gone down over the years. I've switched off FB but come back when am bored and want to spend time looking at cat photos and BuzzFeed. Facebook not existing in the world would impact me minimally. Google, and…

I mean. Facebook owns Whatsapp. And if you're not in a WhatsApp country, the US, Korea, Japan or China, you're in a Facebook Messenger country. They handle messaging for the vast majority of the western world.

The Facebook website itself is no longer particularly useful to me, other than that it is very good at events (both private and for public event discovery). The groups feature is also handy.

Re: Snap Inc. Third Quarter 2017 Results

#143

Post by mizzao »

liquidise wrote: post #21

> Hosting costs per DAU were $0.68 in Q3 2017 as compared to $0.64 in Q3 2016 and $0.61 in Q2 2017. Those are staggering figures to me and the trend is equally surprising. Maybe it's ignorance about hosting costs at such a scale, but i feel like cost/DAU should be declining over time, right? Is there something i'm missing here?

Snap is paying Google $400m a year for hosting costs... https://techcrunch.com/2017/02/02/snap-commits-2-billion-ove...

Seems like at that point it might be cheaper to run your own datacenters?

Re: Snap Inc. Third Quarter 2017 Results

#144

Post by askafriend »

sitepodmatt wrote: post #121
dingo_bat wrote: post #94

Snapchat needs to cut 60% of their workforce and then relentlessly focus on the iOS platform. Make a better spectacles and make it work only on iPhone. Let the Android app languish. This is the only way to long term success. This way they maintain exclusivity and also able to polish the app much better. For example the shit transferring experience on spectacles can be easily fixed if they optimise it for iPhone. And…

You mean like the roaring success FaceTime is in the messaging space? And how .pages beat out PDFs?

FaceTime is a huge value add to the iOS ecosystem. It's extremely reliable, crystal clear quality, and incredibly easy to use. I know so many people who get their grandparents iPads exclusively to use with FaceTime.

Re: Snap Inc. Third Quarter 2017 Results

#145

Post by runeks »

cvaidya1986 wrote: post #80
azinman2 wrote: post #69

“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.

It’s ok to take big bets. Sometimes they are too early but taking big bets is a sign of a budding great company. Disclaimer : Not an investor in SNAP

Taking big bets that turn profitable is a sign of a great company. Taking big bets that lose money is a sign of an soon-to-be-bankrupt company.

Re: Snap Inc. Third Quarter 2017 Results

#146

Post by runeks »

mizzao wrote: post #143
liquidise wrote: post #21

> Hosting costs per DAU were $0.68 in Q3 2017 as compared to $0.64 in Q3 2016 and $0.61 in Q2 2017. Those are staggering figures to me and the trend is equally surprising. Maybe it's ignorance about hosting costs at such a scale, but i feel like cost/DAU should be declining over time, right? Is there something i'm missing here?

Snap is paying Google $400m a year for hosting costs... https://techcrunch.com/2017/02/02/snap-commits-2-billion-ove... Seems like at that point it might be cheaper to run your own datacenters?

> Seems like at that point it might be cheaper to run your own datacenters?

Depends on whether they acquire new users in the future. Their hosting costs are fixed, so doubling their user count would halve their per-user costs.

Re: Snap Inc. Third Quarter 2017 Results

#147

Post by sschueller »

liquidise wrote: post #21

> Hosting costs per DAU were $0.68 in Q3 2017 as compared to $0.64 in Q3 2016 and $0.61 in Q2 2017. Those are staggering figures to me and the trend is equally surprising. Maybe it's ignorance about hosting costs at such a scale, but i feel like cost/DAU should be declining over time, right? Is there something i'm missing here?

Maybe those snaps aren't actually getting deleted but are kept for ever...

Re: Snap Inc. Third Quarter 2017 Results

#148

Post by skc »

jsemrau wrote: post #138
rock_hard wrote: post #88

Earlier quoted context omitted.

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…

That sounds really sad, to be honest. Where are you living that you can't have face to face interactions on a regular basis.

It's not sad, it's just different.

Culture has always changed with time.

Re: Snap Inc. Third Quarter 2017 Results

#149

Post by trosi »

replicatorblog wrote: post #52

Interesting factoid: Snap's current market cap ($18.1B) is lower than the price Facebook paid for WhatsApp ($19B). Snap is now "only" worth $4B more than Twitter. Does FB wait for the price to fall and take them out for $10B? Or grind them to dust to make an example of any startup foolhardy enough to forgo an acquisition offer?

WhatsApp has so many more users (maybe ten times as many?) than Snap

Re: Snap Inc. Third Quarter 2017 Results

#150

Post by shams93 »

azinman2 wrote: post #69

“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.

I wonder if they examined analytics before jumping into Specs or whether they just ran with the idea because they thought it was cool? The vast majority of snapchat users I know of use it for selfies, not front facing images so it would seem like they ignored their own analytics and went for it because they thought it was really cool.
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