HN's algorithm has a sense of humor: this pairs nicely with the other front-page story about the 2014 prediction that Facebook would be dead by 2017.
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
#22When 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 anyo…
Are we really associating Facebook feeds and ads with a "sophisticated audience"?
Re: Estimated losses would make Snapchat the most unprofitable social media IPO
#23Since 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.
> Why are people starting companies when no one wants them
I think people want them, but private equity over evaluates them making it difficult to fulfill their promises. Millions of people use Twitter, but that doesn't mean they are worth the amount they are supposed to be worth.
Re: Estimated losses would make Snapchat the most unprofitable social media IPO
#24Earlier quoted context omitted.
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 anyo…
Are we really associating Facebook feeds and ads with a "sophisticated audience"?
Well it can be. I notoriously don't follow most of my friends newsfeed except the ones i see or talk to often. Then I follow pages that are of interest to me. Socioeconomic pages, tech pages, science ad medicine related, sports team I like and Oatmeal :)
As far ads are concerned, I use ad block on desktop browsers and Sponsored content can be tweaked to the point by continuous reporting that you will stop getting obnoxious Sponsored storied from Facebook.
Re: Estimated losses would make Snapchat the most unprofitable social media IPO
#25HN's algorithm has a sense of humor: this pairs nicely with the other front-page story about the 2014 prediction that Facebook would be dead by 2017.
Facebook does feel like it is dying though.
1. A lot of my friends are leaving facebook 2. A lot of my dev friends no longer build on facebook's platform 3. Most of the young kids I know have moved to Snapchat. 4. Most of the older kids I know hang out on Instagram. 5. All the friends that worked at facebook have left to go work elsewhere.
Re: Estimated losses would make Snapchat the most unprofitable social media IPO
#26i find it hard to believe that it could do worse than Twitter.
Re: Estimated losses would make Snapchat the most unprofitable social media IPO
#27When 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…
I often find it nearly embarrassing to check my "Stories" section on the bus, because right there at the top is some sort of sensational headline with an out-of-context, usually quite risqué photo. In the recent past, the first few tiles would show some Kardashian sister in a wet shirt, bathing suit, or less. Just a couple days ago, I want to say, was a revolting picture of just two large tongues lashing one another.…
How did you tweak your Snapchat? Spare me Google research.
Re: Estimated losses would make Snapchat the most unprofitable social media IPO
#28When social media get started loading fun part, then, they should think how to convert into a tool people can use within their daily social activities – increase user coupling grade.
Re: Estimated losses would make Snapchat the most unprofitable social media IPO
#29HN's algorithm has a sense of humor: this pairs nicely with the other front-page story about the 2014 prediction that Facebook would be dead by 2017.
Facebook does feel like it is dying though. 1. A lot of my friends are leaving facebook 2. A lot of my dev friends no longer build on facebook's platform 3. Most of the young kids I know have moved to Snapchat. 4. Most of the older kids I know hang out on Instagram. 5. All the friends that worked at facebook have left to go work elsewhere.
While true, this is anecdotal data. Are their overall engagement numbers down that much?
Re: Estimated losses would make Snapchat the most unprofitable social media IPO
#30HN's algorithm has a sense of humor: this pairs nicely with the other front-page story about the 2014 prediction that Facebook would be dead by 2017.
Facebook does feel like it is dying though. 1. A lot of my friends are leaving facebook 2. A lot of my dev friends no longer build on facebook's platform 3. Most of the young kids I know have moved to Snapchat. 4. Most of the older kids I know hang out on Instagram. 5. All the friends that worked at facebook have left to go work elsewhere.
That's anecdotal evidence that isn't at all reflective of reality. Some stats about Facebook for Q3 2016:
MAU (monthly active users) - 1.79B (up 16% YoY)
DAU (daily active users) - 1.18B (up 17% YoY)
Revenue - 7.01B (up 59% YoY)
Net Income - 1.38B (up 166% YoY)