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Snapchat Seeks to Raise as Much as $4B in IPO

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Re: Snapchat Seeks to Raise as Much as $4B in IPO

#141

Post by adamweld »

AndrewKemendo wrote: post #29
serg_chernata wrote: post #2

When 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…

There is only one camera on the Spectacles. No stereo.

Re: Snapchat Seeks to Raise as Much as $4B in IPO

#142

Post by billskills »

dilap wrote: post #139
simooooo wrote: post #132

Earlier quoted context omitted.

You're trying to convince yourself very hard, as you're all about AR. But nobody will wear those dumb glasses.

Lots of people are going to wear those glasses. Is there some site where you can bet small amounts of $ with strangers on the internet? :)

You mean like a prediction market? Yes, hundreds.

Re: Snapchat Seeks to Raise as Much as $4B in IPO

#143

Post by artemisyna »

btym wrote: post #135
gajjanag wrote: post #98

Earlier quoted context omitted.

I hope not. I really dislike the asymmetry between the ability to take pictures of anyone in public easily (assuming spectacles or an equivalent comes out), with low chance of detection (unlike cameras/phones, which are harder to disguise) while being unable to as easily wear a mask in public to preserve some semblance of anonymity. Anti-mask laws exist for a variety of reasons, some of which I am fine with (e.g near…

They are at least trying to avoid the Google Glass fiasco by adding recording indicator lights to the front.

And I bet we'll be seeing our first Spectacles-based-sex-tape scandal within a year, once someone figures out how to short-circuit the indicator light. ;)

Re: Snapchat Seeks to Raise as Much as $4B in IPO

#144

Post by fowlerpower »

I can't wait to buy. This one is going to be a good one even if most of the juice has been squeezed by the time it IPOs.

I think people are really hungry for some tech stocks with the kind of brand SnapChat has to invest in. There will be naysayers, Facebook had those but boy did people make a lot of money.

Re: Snapchat Seeks to Raise as Much as $4B in IPO

#145

Post by dilap »

billskills wrote: post #142
dilap wrote: post #139

Earlier quoted context omitted.

Lots of people are going to wear those glasses. Is there some site where you can bet small amounts of $ with strangers on the internet? :)

You mean like a prediction market? Yes, hundreds.

Nah, I mean like I want to wager with simooooo. I'm 25% serious.

Re: Snapchat Seeks to Raise as Much as $4B in IPO

#146

Post by Fricken »

btym wrote: post #135
gajjanag wrote: post #98

Earlier quoted context omitted.

I hope not. I really dislike the asymmetry between the ability to take pictures of anyone in public easily (assuming spectacles or an equivalent comes out), with low chance of detection (unlike cameras/phones, which are harder to disguise) while being unable to as easily wear a mask in public to preserve some semblance of anonymity. Anti-mask laws exist for a variety of reasons, some of which I am fine with (e.g near…

They are at least trying to avoid the Google Glass fiasco by adding recording indicator lights to the front.

Google Glass was meant to be worn all the time, people were wearing them to the bar and stuff. Spectacles are pretty easy to put in your pocket. For the most part kids will be wearing Spectacles in situations where they would otherwise be walking around with a camera in their hand, ready to shoot stuff.

Re: Snapchat Seeks to Raise as Much as $4B in IPO

#147

Post by AndrewKemendo »

adamweld wrote: post #141
AndrewKemendo wrote: post #29

Earlier 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…

There is only one camera on the Spectacles. No stereo.

You appear to be right. For some reason I thought I saw a stereo version. Missed opportunity there in that case. I still stand by my assertion though - as you don't need stereo for depth but it does make it faster and more robustly recovered.

Re: Snapchat Seeks to Raise as Much as $4B in IPO

#148

Post by AndrewKemendo »

mcintyre1994 wrote: post #130
AndrewKemendo wrote: post #29

Earlier 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…

Is the reason AR benefits from billions of photos of the real world a secret, or is there something you can point to to read about that? I'm intrigued :) Also, you probably know better than me, but to me it looks like the beauty filters are the ones that have really stuck for Snapchat. If I'm right and their users only really care about filters that make them look better, does that affect your outlook at all regardin…

The simple answer is that you can make very large 3D maps with those images.

I disagree with your second assumption, though I can see where it comes from. It's not so much the specific implementation, beauty or whimsy, but rather that people will take the action of modifying their real time view consistently.

Re: Snapchat Seeks to Raise as Much as $4B in IPO

#149

Post by delecti »

argonaut wrote: post #125
delecti wrote: post #86

Earlier quoted context omitted.

I don't think 12-20 year olds are that mercurial, it's just a small age range, so in 8 years it will be an entirely new group of people. Fifteen years is nearly two full lengths of that duration, so it's no wonder that AIM/MSN/Yahoo aren't in use by the current 12-20 year olds. It's only very recently that I (a 29 year old) finally phased out AIM in favor of other channels. Once you capture a social group, it's fairl…

That's the very definition of mercurial. In 8 years it'll be a new cohort with new tastes.

The 12-20 demographic is mercurial, but 12-20 year olds are not.

Though really my point was this: it isn't the case that you need to continually re-grab the same users, it is the case that there are continually new users to grab.

Re: Snapchat Seeks to Raise as Much as $4B in IPO

#150

Post by nstj »

josho wrote: post #58
mahyarm wrote: post #46

Earlier quoted context omitted.

https://www.spectacles.com/

Am I the only one bothered by the fact that their models are topless? I can't help but feel they are signalling their intent to be an eye into my private life, not unlike the monitoring predicted in 1984.

They could be wearing tops with no shoulders...
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