The investment will, however, disappear after being deposited.
Yahoo Close to Investing in Snapchat at $10B Value
21–30 of 48 posts
Re: Yahoo Close to Investing in Snapchat at $10B Value
#22Earlier quoted context omitted.
I am a 23 year old at a large state school and I can tell you that snapchat is definitely the most popular social media app on campus. It has completely replaced texting for a lot of my peers and in my opinion is best way to flirt electronically. Twitter and instagram are tied for second, with Facebook coming in last. For what its worth, meeting someone who isn't on snapchat is unheard of, but I haven't added anyone…
I feel like Facebook is flaming out. Do you get that sense too?
Yes. I used to think that facebook would still keep getting life events/friend checkups. But my friends have slowly been moving that to snapchat.
Just get married, snapchat that wedding ring (then post to facebook later a status update).
I still use facebook for events/groups. But I can see someone stealing that away from them.
Re: Yahoo Close to Investing in Snapchat at $10B Value
#23Re: Yahoo Close to Investing in Snapchat at $10B Value
#24Amazing for a company that is primarily about a user base they can't charge for, or data mine for advertising.
Re: Yahoo Close to Investing in Snapchat at $10B Value
#25Re: Yahoo Close to Investing in Snapchat at $10B Value
#26And snapchat plans to make money how?
Plus, at least in europe kik and viber seem a lot more popular than snapchat. And it would take them about an afternoon to add a "self destruct" checkbox to their image and video dialogs...
I can understand yahoo desperately wanting to get a foot down "with the cool kids". But 10 billion, seriously?
Re: Yahoo Close to Investing in Snapchat at $10B Value
#27Reading things like this kinda depresses me. I guess I just don't understand what makes things popular on the web. I mean, I would have never thought things like Twitter, Instagram, all of the various messaging apps would ever get this much traction. I think it's bizarre.
Re: Yahoo Close to Investing in Snapchat at $10B Value
#28How do you monetize a large user base without credit cards? How would they get teens to get their parents to pay for the ability to send nude pics to their friends?
Meanwhile, millions of small businesses paying $10 a month for secure document shredding with years of increasing profit remains large ignored by the media, nobody bats an eye. Nobody puts an insane valuation on it because it's not cool. So business is no longer about positive net cash flows but spending it. Whoever spends money in the coolest way is the winner as long as you got investors who suddenly forgot what happened the last time we were in the new and hip economy.
Re: Yahoo Close to Investing in Snapchat at $10B Value
#29Reading things like this kinda depresses me. I guess I just don't understand what makes things popular on the web. I mean, I would have never thought things like Twitter, Instagram, all of the various messaging apps would ever get this much traction. I think it's bizarre.
The mistake here is that you are conflating your subjective preference with reality. You are implicitly evaluating something against your own context, but to understand why twitter,etc are successful, you need to ask questions about what OTHER people value, and why they do it.
Re: Yahoo Close to Investing in Snapchat at $10B Value
#30Earlier quoted context omitted.
I feel like Facebook is flaming out. Do you get that sense too?
Yes. I used to think that facebook would still keep getting life events/friend checkups. But my friends have slowly been moving that to snapchat. Just get married, snapchat that wedding ring (then post to facebook later a status update). I still use facebook for events/groups. But I can see someone stealing that away from them.
I think Facebook is becoming a virtual contact list and birthday reminder, with status updates and pictures acting like mini holiday cards for events that are noteworthy but not significant enough to actually send out a card for(getting into grad school/new job).
Pretty much everyone is on Facebook under their real name, and it is the only social media platform where that is the case. The management consultant in me has a feeling that data is going to be worth a lot of money.
Google might know a lot about my interests but Facebook has my real name, real school, real job, as well as my interests.