People don't really care about pop celebrities, they might as well be fiction characters. If I were to make the same, rather tame, would-you-rather joke with a group of friends does that mean I 'make light' of domestic violence? Is it not possible to make a joke that ignores the subtleties and nature of a complex subject for the sake of a cheap laugh? People know where the line is, this isn't it, and no one cares when multi-millionaires with nothing in common with anybody hit each other. The world continues to turn...
Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
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Re: Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
#12This is just as meaningless as Snapchat having billions in valuation. I just dont get how can SC be valued so much when all it does is move pictures around.
Not to defend Snapchat's reputation or anything...but all Dropbox does is 'store files'. Saying snapchat just 'moves pictures' around and therefore shouldn't be valued so highly kind of misses the point. That being said, there are other reasons Snapchat probably shouldn't be valued so highly.
Dropbox does a lot more than just store files. It provides a valuable abstraction over universal storage, through its integration with various services. For example, integration with MS Office to provide a single virtual drive to save my work to a single location from any PC i use.
DB adds tangible value.
Re: Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
#13This is just as meaningless as Snapchat having billions in valuation. I just dont get how can SC be valued so much when all it does is move pictures around.
Not to defend Snapchat's reputation or anything...but all Dropbox does is 'store files'. Saying snapchat just 'moves pictures' around and therefore shouldn't be valued so highly kind of misses the point. That being said, there are other reasons Snapchat probably shouldn't be valued so highly.
Dropbox's value is equally dubious.
Re: Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
#14> Snap Inc's stock prices fell around 4 percent later Thursday, wiping out nearly $800 million from its market value, reports CNN I don't believe that Rihanna's tweet caused $800 million worth of investors to change their mind. In fact, it only finished 1% lower on the day. SNAP stock is like any other: noisy.
Stock market reporting is generally a case study in “post hoc ergo propter hoc”.
Re: Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
#15Um, if you look at the stock price it's still up 17% since Feb 1st which is before both the Kylie Jenner and Rihanna tweets. Tasteless as the ad was, markets are driven by greed way more than social outrage. Now if this is a trend that actually results in Snapchat becoming uncool and usage falls over time then that would be a story, but for now this is just grasping at straws trying to attribute stock market noise to some minor scandal with zero long-term effect.
Re: Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
#16People don't really care about pop celebrities, they might as well be fiction characters. If I were to make the same, rather tame, would-you-rather joke with a group of friends does that mean I 'make light' of domestic violence? Is it not possible to make a joke that ignores the subtleties and nature of a complex subject for the sake of a cheap laugh? People know where the line is, this isn't it, and no one cares whe…
I think this is the line but it's an arbitrary inconsistent line. People still shoot each other in video games, even with characters based on real people. That's OK though because murder isn't as bad as slapping, or something.
Re: Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
#17Earlier quoted context omitted.
Not to defend Snapchat's reputation or anything...but all Dropbox does is 'store files'. Saying snapchat just 'moves pictures' around and therefore shouldn't be valued so highly kind of misses the point. That being said, there are other reasons Snapchat probably shouldn't be valued so highly.
Dropbox does a lot more than just store files. It provides a valuable abstraction over universal storage, through its integration with various services. For example, integration with MS Office to provide a single virtual drive to save my work to a single location from any PC i use. DB adds tangible value.
And snapchat provides a valuable abstraction over picture moving that many people use. Does something need to integrate with MS office in order to be useful?
Re: Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
#18>You spent money to animate something
Is this true? From the article it doesn't sound like Snapchat made the ad. It sounds like some other company made the ad and paid Snapchat for it to be placed on Snapchat.
Re: Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
#19Earlier quoted context omitted.
Dropbox does a lot more than just store files. It provides a valuable abstraction over universal storage, through its integration with various services. For example, integration with MS Office to provide a single virtual drive to save my work to a single location from any PC i use. DB adds tangible value.
And snapchat provides a valuable abstraction over picture moving that many people use. Does something need to integrate with MS office in order to be useful?
No but integrating with MS Office increases the likelihood that it’s valuable. Utility != value. Always ask yourself: who is my user? Am I providing them with a painkiller or a vitamin?
Re: Snapchat's Stock Sinks After Rihanna Denounces Domestic Violence Ad
#20>You spent money to animate something Is this true? From the article it doesn't sound like Snapchat made the ad. It sounds like some other company made the ad and paid Snapchat for it to be placed on Snapchat.
It's highly doubtful they did, but it's how the person who took offense in this situation exclaimed it happened, so that's how it will get coverage of.
Of course, if there's evidence Snapchat personally animates every ad on their platform, I'd love to see it.