11–20 of 26 posts
$0 I hadn't heard of SnapChat until this acquisition story broke. I guess I'm out of touch or something? Anyway, no revenue and no real hope of revenue = $0. VC can blow smoke up your ass until they collapse, blue in the face, but it's not a winning proposition.
$0 I hadn't heard of SnapChat until this acquisition story broke. I guess I'm out of touch or something? Anyway, no revenue and no real hope of revenue = $0. VC can blow smoke up your ass until they collapse, blue in the face, but it's not a winning proposition.
You are out of touch. For those edit: but yea, I think $3 billion is a little high...
Supply-demand. If there's a suitor willing to drop $3bb on Snapchat, then that's the market clearing price is it not?
Given that Snapchat didn't accept, perhaps it's worth a tiny bit more.
$0 I hadn't heard of SnapChat until this acquisition story broke. I guess I'm out of touch or something? Anyway, no revenue and no real hope of revenue = $0. VC can blow smoke up your ass until they collapse, blue in the face, but it's not a winning proposition.
Earlier quoted context omitted.
You are out of touch. For those edit: but yea, I think $3 billion is a little high...
Theres a difference between having value to users because its a decent app and they get to use it for free, and generating revenue from those users. Ask those users to pay and they will leave in droves.
Earlier quoted context omitted.
Theres a difference between having value to users because its a decent app and they get to use it for free, and generating revenue from those users. Ask those users to pay and they will leave in droves.
Getting users to pay isn't the only way to make money.