Earlier quoted context omitted.
And how will they make money? Selling ads in the AR world?
http://www.businessinsider.com/snapchats-sponsored-lenses-ar...
That's horrific, you'd hope the novelty wears off quickly.
Snapchat Seeks to Raise as Much as $4B in IPO
111–120 of 261 posts
Re: Snapchat Seeks to Raise as Much as $4B in IPO
#112When a company like Uber is raising insane amounts of money I think to myself - "ok, they're working on vehicle automation and other ambitious projects, it makes sense". When a company like snapchat is looking for 4B in addition to existing funding I am left completely dumbfounded. Can someone please explain why they would need this much cash?
The engineering community is sleeping on Snapchat, but shouldn't be. My life is AR. I'm the CEO for an AR company, I speak write and live and breathe all things AR. Snapchat is poised to be the most important AR company around for several reasons. 1. They have a MASSIVE userbase that is comfortable with sharing their lives 2. That userbase has already shown an interest in AR - and yes whether you like it or not their…
What is AR?
Re: Snapchat Seeks to Raise as Much as $4B in IPO
#113When a company like Uber is raising insane amounts of money I think to myself - "ok, they're working on vehicle automation and other ambitious projects, it makes sense". When a company like snapchat is looking for 4B in addition to existing funding I am left completely dumbfounded. Can someone please explain why they would need this much cash?
The engineering community is sleeping on Snapchat, but shouldn't be. My life is AR. I'm the CEO for an AR company, I speak write and live and breathe all things AR. Snapchat is poised to be the most important AR company around for several reasons. 1. They have a MASSIVE userbase that is comfortable with sharing their lives 2. That userbase has already shown an interest in AR - and yes whether you like it or not their…
I'm inclined to agree. I was very bearish on Snapchat around the time they rejected the Facebook offer. But more than any other app right now, Snapchat is killing it with users. This is a what a product users love looks like.
On top of that, I've been consistently impressed with their technological prowess, even if the AR component seems somewhat inconsequential to me right now.
You better believe Snapchat is gunning for that top spot in social - that's what the IPO is about. If they're at or surpassed Facebook's level by 2020, I seriously would not be surprised.
Re: Snapchat Seeks to Raise as Much as $4B in IPO
#114Earlier quoted context omitted.
The engineering community is sleeping on Snapchat, but shouldn't be. My life is AR. I'm the CEO for an AR company, I speak write and live and breathe all things AR. Snapchat is poised to be the most important AR company around for several reasons. 1. They have a MASSIVE userbase that is comfortable with sharing their lives 2. That userbase has already shown an interest in AR - and yes whether you like it or not their…
What is AR?
augmented reality. https://en.m.wikipedia.org/wiki/Augmented_reality
Re: Snapchat Seeks to Raise as Much as $4B in IPO
#115Re: Snapchat Seeks to Raise as Much as $4B in IPO
#116Earlier quoted context omitted.
The engineering community is sleeping on Snapchat, but shouldn't be. My life is AR. I'm the CEO for an AR company, I speak write and live and breathe all things AR. Snapchat is poised to be the most important AR company around for several reasons. 1. They have a MASSIVE userbase that is comfortable with sharing their lives 2. That userbase has already shown an interest in AR - and yes whether you like it or not their…
They are not the only player, but they probably have the most accepting user base. They don't have the largest user base amongst the AR players though.
Don't leave us hanging like that - who in the AR world has the largest user base?
Re: Snapchat Seeks to Raise as Much as $4B in IPO
#117Earlier quoted context omitted.
How do facebook and Google make money? Selling ads in social network and search land. Having an enormous, religiously active user base has proven time and time again to be a huge cash cow.
That was Twitter's playbook and I thought Twitter wasn't doing so well recently...I'm not saying massive amounts of users isn't valuable, but you still need to play it right.
Twitter is massively profitable. It makes billions in advertising.
(for every $1 twitter make, it spends $2, so their accounting is deep in the negative. But if they fire half the people (who are useless anyway) and stop spending money like madmen, they'll be positive, VERY POSITIVE. thanks to advertising revenues.)
Re: Snapchat Seeks to Raise as Much as $4B in IPO
#118Earlier quoted context omitted.
How do facebook and Google make money? Selling ads in social network and search land. Having an enormous, religiously active user base has proven time and time again to be a huge cash cow.
That was Twitter's playbook and I thought Twitter wasn't doing so well recently...I'm not saying massive amounts of users isn't valuable, but you still need to play it right.
twitter is worth 11B and makes 2.6B/yr. The playbook works
Re: Snapchat Seeks to Raise as Much as $4B in IPO
#119Earlier quoted context omitted.
The engineering community is sleeping on Snapchat, but shouldn't be. My life is AR. I'm the CEO for an AR company, I speak write and live and breathe all things AR. Snapchat is poised to be the most important AR company around for several reasons. 1. They have a MASSIVE userbase that is comfortable with sharing their lives 2. That userbase has already shown an interest in AR - and yes whether you like it or not their…
Their filters do SLAM?
Yes, but a narrower interpretation than used in more robust systems like those that we built. They don't need an entire SLAM system with loop closure and relocalization because you can mimic those with the simple facial recognition portions. However they added orientation functionality but without visual odometry. Functionally it works the same, and is the easiest way to describe it.
Re: Snapchat Seeks to Raise as Much as $4B in IPO
#120I see talk of Spectacles being Snapchat's next big thing. However, 90% of the time the popular Snapchat users are filming themselves. Not what they're seeing. So what good would Spectacles be for them?
Themselves in the mirror, duh.