Snapchat Said in Funding Talks With Alibaba at $10B
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Snapchat Said in Funding Talks With Alibaba at $10B
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Re: Snapchat Said in Funding Talks With Alibaba at $10B
#2My company has already created an 11main.com (Alibaba's first US ecommerce website) account and setup a significant amount of our catalog. The site is still in private invite only -- but hopefully will go public soon.
We expect Alibaba to come into the US on a storm. They are huge - they have capitol, and they can afford losses in the hundreds of millions per quarter just to compete with Amazon (and snuff out part of their market) - amazon just posted an 800 million USD loss last quarter without flinching.
Their revenue last quarter was greater than Amazon's and eBay's combined.
I think we are about to witness a clashing of the titans in a big way.
Re: Snapchat Said in Funding Talks With Alibaba at $10B
#3I don't understand this valuation - it's makes no sense to me. Can anyone explain how SnapChat could be worth even a fraction of this? Where is the value in SnapChat's user base, future blackmail? It's not like someone using SnapChat is in the appropriate state of mind to follow any ads in the app. I don't get it...
Re: Snapchat Said in Funding Talks With Alibaba at $10B
#4I don't understand this valuation - it's makes no sense to me. Can anyone explain how SnapChat could be worth even a fraction of this? Where is the value in SnapChat's user base, future blackmail? It's not like someone using SnapChat is in the appropriate state of mind to follow any ads in the app. I don't get it...
Just like how 37Signals is worth $100bn.
https://signalvnoise.com/posts/1941-press-release-37signals-...
Re: Snapchat Said in Funding Talks With Alibaba at $10B
#5My company has already created an 11main.com (Alibaba's first US ecommerce website) account and setup a significant amount of our catalog. The site is still in private invite only -- but hopefully will go public soon. We expect Alibaba to come into the US on a storm. They are huge - they have capitol, and they can afford losses in the hundreds of millions per quarter just to compete with Amazon (and snuff out part of…
What would differentiate 11main (or any other Alibaba property) from offerings in the US? Amazon probably has quite a few people locked in with Prime and their Kindle devices (I know I wouldn't switch e-book providers) so I wonder what exactly would 11main do better?
Re: Snapchat Said in Funding Talks With Alibaba at $10B
#6My company has already created an 11main.com (Alibaba's first US ecommerce website) account and setup a significant amount of our catalog. The site is still in private invite only -- but hopefully will go public soon. We expect Alibaba to come into the US on a storm. They are huge - they have capitol, and they can afford losses in the hundreds of millions per quarter just to compete with Amazon (and snuff out part of…
I'm just glad that Amazon has competition. I love them, and I don't want them going the way of the Comcast-style behemoth.
Re: Snapchat Said in Funding Talks With Alibaba at $10B
#7I don't understand this valuation - it's makes no sense to me. Can anyone explain how SnapChat could be worth even a fraction of this? Where is the value in SnapChat's user base, future blackmail? It's not like someone using SnapChat is in the appropriate state of mind to follow any ads in the app. I don't get it...
It's a communication platform that the younger generations are using as their primary form of communication. That is big.. not saying it's $10B big, but SnapChat has the chance to become something larger than just stupid selfies.
Re: Snapchat Said in Funding Talks With Alibaba at $10B
#8My company has already created an 11main.com (Alibaba's first US ecommerce website) account and setup a significant amount of our catalog. The site is still in private invite only -- but hopefully will go public soon. We expect Alibaba to come into the US on a storm. They are huge - they have capitol, and they can afford losses in the hundreds of millions per quarter just to compete with Amazon (and snuff out part of…
Hmm... one problem they have already is their brand name. "11 Main" doesn't exactly roll off the tongue.
Re: Snapchat Said in Funding Talks With Alibaba at $10B
#9My company has already created an 11main.com (Alibaba's first US ecommerce website) account and setup a significant amount of our catalog. The site is still in private invite only -- but hopefully will go public soon. We expect Alibaba to come into the US on a storm. They are huge - they have capitol, and they can afford losses in the hundreds of millions per quarter just to compete with Amazon (and snuff out part of…
Hmm... one problem they have already is their brand name. "11 Main" doesn't exactly roll off the tongue.
yes it does
Re: Snapchat Said in Funding Talks With Alibaba at $10B
#10My company has already created an 11main.com (Alibaba's first US ecommerce website) account and setup a significant amount of our catalog. The site is still in private invite only -- but hopefully will go public soon. We expect Alibaba to come into the US on a storm. They are huge - they have capitol, and they can afford losses in the hundreds of millions per quarter just to compete with Amazon (and snuff out part of…
I'm just glad that Amazon has competition. I love them, and I don't want them going the way of the Comcast-style behemoth.
Google Fiber is going to change that. I can't wait.