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Does Snapchat's CEO Need to Go?

finance.fortune.cnn.com

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Re: Does Snapchat's CEO Need to Go?

#21

Post by 3am »

icedog wrote: post #9
minimaxir wrote: post #6

Earlier quoted context omitted.

Snapchat isn't a "project" anymore. It's a business.

It's a business that doesn't have any business.

Did you read the WSJ Andreesen interview that's on the frontpage (https://news.ycombinator.com/item?id=7007332)?

He gave a plausible and coherent explanation of Snapchat's strategy (spoiler: Tencent of the West). I think that Tencent's valuation is stretched and I think Snapchat is unlikely to succeed even if that is actually their goal... but it was interesting, anyway.

edit: hey, w1ntermute, thank you for that interesting response. Cognitively I think my brain wants a tidy explanation for them turning down the $3B, otherwise I can't make any sense of it whatsoever.

Re: Does Snapchat's CEO Need to Go?

#22

Post by twelvedigits »

001sky wrote: post #3

Where does media punditry get off on making absolutist calls for heads to "roll"? I mean, imaging if random non-experts had a journalist fired for every failed-prediction or embarrasingly wrong policy analysis penned in an op-ed? There would be no journalists left !

Journalists provide an important check on politicians and business leaders. Not every journalist is intelligent, but to dismiss journalism as "media punditry" writ large is a gross overstatement.

Specific to this case, I consider Dan Primack to be an informed technology/finance writer whose opinions are well-researched and who is highly plugged-in to the tech sector (which is a sign that others trust his judgment).

Re: Does Snapchat's CEO Need to Go?

#23

Post by jusben1369 »

So the more interesting article here is "Do people even care any more?" Is Snapchat's CEO making an educated guess that his users are on the cutting edge of SN users and are already sharing a boat load of information and just don't care that much about the breach? Whenever FB makes any privacy changes there's usually a huge uproar. But not many of those complaining are high schoolers or college kids. Maybe they know their user base better than we think.

Re: Does Snapchat's CEO Need to Go?

#28

Post by electic »

iluvuspartacus wrote: post #20
johnrob wrote: post #7

What's the big deal? In the age of surveillance, all data is public.

Tell that to the wife (possibly husband) hiding from her (his) deranged spouse. Data breaches can have very serious consequences for individuals.

If you have this issue in your life, using any service is a bad idea. This includes Facebook, Pinterest, anything. When you interact with services you create data and in many ways data exhaust that can be used to locate you or reveal things about your interests, traits, etc.

Re: Does Snapchat's CEO Need to Go?

#29

Post by mhurron »

NN88 wrote: post #2

its funny how when things go wrong in private companies, how quickly the general public thinks they can weigh in on how someone needs to stay with that entity. Imagine building something and losing your influence over it to the rest of the world.

If you put yourself out there, you probably should expect people to start forming opinions about you.

People are very quick to punish others, this shouldn't be surprising.

Re: Does Snapchat's CEO Need to Go?

#30

Post by j2labs »

jusben1369 wrote: post #23

So the more interesting article here is "Do people even care any more?" Is Snapchat's CEO making an educated guess that his users are on the cutting edge of SN users and are already sharing a boat load of information and just don't care that much about the breach? Whenever FB makes any privacy changes there's usually a huge uproar. But not many of those complaining are high schoolers or college kids. Maybe they know…

It might be because the CEO is basically the same age as his users.
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