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Estimated losses would make Snapchat the most unprofitable social media IPO

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Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#11

Post by maneesh »

danso wrote: post #5

Since Facebook's IPO, which tech unicorns still feel bullish? Here are the tech IPOs I can think off the top of my head. Maybe it's selection bias (I only remember the ones that don't look healthy), but this is what I thought of, and they all are not doing well compared to their IPO price, or were on a heavy downward trend: - Box http://finance.yahoo.com/quote/BOX?ltr=1 - Pandora http://finance.yahoo.com/quote/P - Tw…

SHOP (Shopify) is doing pretty well and their upcoming plans/platform seem to bode well for them.

Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#12

Post by Fricken »

CodeSheikh wrote: post #3

When you use Snapchat you will notice that most of the top "news" publishers are the sort of Daily Mail and other tabloids infested with celebrities and kardashians bogus stories. It does not allow you to curate newsfeed per your taste. The publishers I want to read/watch/follow are not on Snapchat or I can't pick and create my selection. Unlike Facebook, where my wall is full with informational posts catered towards…

Don't bother bending over backwards to cater to a sophisticated audience when the idiot demographic is what you're going to end up with in the end anyhow. They don't need a bunch of people saying 'Snapchat was alright for a while, now it's overrun with crap ads and shit content so I abandoned the platform.'

I appreciate their honesty, I'll never feel betrayed by them because they designed the UI to be hostile to anyone with discriminating preferences from the getgo. I'm not going to wake up one morning to discover the New York Times has suddenly become the Weekly World News.

Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#13

Post by argonaut »

GordonS wrote: post #10
imaginenore wrote: post #2

The $1.05B revenue for 2017 figure is completely made up. But even if you assume it's real, the $25B valuation still makes zero sense. 25 times the annual revenue, not the profit.

Even more so when you consider the chances of Snapchat still being a thing in 3 years, let alone 25

Three years ago, in college Snapchat was hugely popular. Three years later, today, it is still hugely popular.

Of course, if you only heard about it on HN/tech sites, you might think Snapchat is a recently popular phenomenon.

Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#14

Post by argonaut »

CodeSheikh wrote: post #3

When you use Snapchat you will notice that most of the top "news" publishers are the sort of Daily Mail and other tabloids infested with celebrities and kardashians bogus stories. It does not allow you to curate newsfeed per your taste. The publishers I want to read/watch/follow are not on Snapchat or I can't pick and create my selection. Unlike Facebook, where my wall is full with informational posts catered towards…

Like it or not, this stuff is what normal people like to read though.

Take Twitter Moments. It's widely derided (lots of the content is the same as you describe - celebrity sports stuff), but I actually find it fairly interesting/valuable to keep in touch with "pop culture."

Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#15

Post by argonaut »

pryelluw wrote: post #8
CodeSheikh wrote: post #3

When you use Snapchat you will notice that most of the top "news" publishers are the sort of Daily Mail and other tabloids infested with celebrities and kardashians bogus stories. It does not allow you to curate newsfeed per your taste. The publishers I want to read/watch/follow are not on Snapchat or I can't pick and create my selection. Unlike Facebook, where my wall is full with informational posts catered towards…

Yeah, I wish they gave me the freedom to publish as well. Id love to be able to have my own "channel" as easy as it is having a facebook page. The story is too limiting.

You can publish. Those are called stories. People can follow you on Snapchat (by username).

Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#16

Post by samfisher83 »

imaginenore wrote: post #2

The $1.05B revenue for 2017 figure is completely made up. But even if you assume it's real, the $25B valuation still makes zero sense. 25 times the annual revenue, not the profit.

People made the same argument when FB turned down Yahoo 2billion dollar bid. This kind of stuff is too hard to predict. It is a very risky play, but its all based on projected growth and what you feel it is.

Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#17

Post by jensvdh »

danso wrote: post #5

Since Facebook's IPO, which tech unicorns still feel bullish? Here are the tech IPOs I can think off the top of my head. Maybe it's selection bias (I only remember the ones that don't look healthy), but this is what I thought of, and they all are not doing well compared to their IPO price, or were on a heavy downward trend: - Box http://finance.yahoo.com/quote/BOX?ltr=1 - Pandora http://finance.yahoo.com/quote/P - Tw…

How about Slack and Docker? Do you think they're going to IPO soon?

Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#18

Post by [deleted] »

danso wrote: post #5

Since Facebook's IPO, which tech unicorns still feel bullish? Here are the tech IPOs I can think off the top of my head. Maybe it's selection bias (I only remember the ones that don't look healthy), but this is what I thought of, and they all are not doing well compared to their IPO price, or were on a heavy downward trend: - Box http://finance.yahoo.com/quote/BOX?ltr=1 - Pandora http://finance.yahoo.com/quote/P - Tw…

[deleted]

Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#19

Post by pryelluw »

argonaut wrote: post #15
pryelluw wrote: post #8

Earlier quoted context omitted.

Yeah, I wish they gave me the freedom to publish as well. Id love to be able to have my own "channel" as easy as it is having a facebook page. The story is too limiting.

You can publish. Those are called stories. People can follow you on Snapchat (by username).

The story is quite different than a channel. The story wont let you publish any content, just stuff you record with your device.

Re: Estimated losses would make Snapchat the most unprofitable social media IPO

#20

Post by rb808 »

danso wrote: post #5

Since Facebook's IPO, which tech unicorns still feel bullish? Here are the tech IPOs I can think off the top of my head. Maybe it's selection bias (I only remember the ones that don't look healthy), but this is what I thought of, and they all are not doing well compared to their IPO price, or were on a heavy downward trend: - Box http://finance.yahoo.com/quote/BOX?ltr=1 - Pandora http://finance.yahoo.com/quote/P - Tw…

Yelp, Square, Etsy. Yeah I dont understand this tech boom. Why are people starting companies when no one wants them? For the non-existant profits? Maybe Yahoo will buy them lol.

Ah well at least MSFT is back where it was in '99.

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