Snapchat raised $1.8B in a Series F round
techcrunch.com
Snapchat raised $1.8B in a Series F round
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Re: Snapchat raised $1.8B in a Series F round
#2This is total bs. $54 million in revenue with an $18 billion valuation? I understand investing in the "future value" of companies, but this shit is getting out of hand, lol.
Re: Snapchat raised $1.8B in a Series F round
#3This is total bs. $54 million in revenue with an $18 billion valuation? I understand investing in the "future value" of companies, but this shit is getting out of hand, lol.
Their demograph is just graduating high school. They will be very valuable in the future.
Re: Snapchat raised $1.8B in a Series F round
#4I know that I don't "get" venture capital, but is Snapchat even profitable (or close to) yet? If not, and it's going to take nearly 2 billion more to get there, do they really have a product that will ultimately return value?
It's the cynic in me, but by a series F, and needing 2 billion, this feels like the sort of funding where early investors are propping the valuation of Snapchat in order to sell off to someone like Yahoo for a crazy amount of money, where the product will go and eventually die. All in the name of advertising. I guess I just don't get it.
Re: Snapchat raised $1.8B in a Series F round
#5This is total bs. $54 million in revenue with an $18 billion valuation? I understand investing in the "future value" of companies, but this shit is getting out of hand, lol.
Their demograph is just graduating high school. They will be very valuable in the future.
...assuming they are able to retain these users. I am not entirely optimistic that Snapchat will manage to hold on to their users in the long term.
Re: Snapchat raised $1.8B in a Series F round
#6This is total bs. $54 million in revenue with an $18 billion valuation? I understand investing in the "future value" of companies, but this shit is getting out of hand, lol.
Their demograph is just graduating high school. They will be very valuable in the future.
Isn't this what people said about Facebook when they were at this stage?
I feel as though that has failed to materialize, and their new demographic is "relatives over 50 desperate to appear 'hip'"
Re: Snapchat raised $1.8B in a Series F round
#7This is total bs. $54 million in revenue with an $18 billion valuation? I understand investing in the "future value" of companies, but this shit is getting out of hand, lol.
Their demograph is just graduating high school. They will be very valuable in the future.
Small bit if anecdata. My Niece graduated high school last year started UCLA and promptly switched to Facebook.
Re: Snapchat raised $1.8B in a Series F round
#8This is total bs. $54 million in revenue with an $18 billion valuation? I understand investing in the "future value" of companies, but this shit is getting out of hand, lol.
Your comment reminds me of this incredibly wrong post by DHH: https://signalvnoise.com/posts/2585-facebook-is-not-worth-33...
Re: Snapchat raised $1.8B in a Series F round
#9Earlier quoted context omitted.
Their demograph is just graduating high school. They will be very valuable in the future.
Isn't this what people said about Facebook when they were at this stage? I feel as though that has failed to materialize, and their new demographic is "relatives over 50 desperate to appear 'hip'"
I'm wondering if it's a coincidence that facebook's revenue was 18 billion last year...
Re: Snapchat raised $1.8B in a Series F round
#10This is total bs. $54 million in revenue with an $18 billion valuation? I understand investing in the "future value" of companies, but this shit is getting out of hand, lol.
Their demograph is just graduating high school. They will be very valuable in the future.
It seems popular with that demographic. It came out when I was like 20 or 21. I was never really into it. My peers were, but it just seemed silly to me.