Snap falls to IPO price • Hacker News Board

Re: Snap falls to IPO price

#251

Post by shinratdr » Tue, Jul 11, 2017, 9:08 PM UTC

beager wrote: post #8

What does $SNAP need to do to deliver on the hype? Is there anything that can make $SNAP a good investment for anyone other than the parties involved in trading the IPO? I tend to be bearish on $SNAP in general, but I'm interested in the discussion. How do they right the ship and boost back up to that $25-30 range? What's their play?

They don't. Snapchat is a feature, not a product. They should have sold to Facebook when they had the chance.

Now everything novel they had (expiring message, stories, filters) has been successfully aped by Facebook and incorporated into Instagram, and because Instagram offers a UX that isn't intentionally shitty, they've already shot past the Snap userbase.

Sell your stock now, and don't be surprised if they're irrelevant/bankrupt by 2019.

Re: Snap falls to IPO price

#252

Post by kungito » Wed, Jul 12, 2017, 6:38 AM UTC

capkutay wrote: post #40

likpok wrote: post #30

Earlier quoted context omitted.

Facebook was profitable before it went public, and faced serious strategic challenges immediately post IPO (specifically, mobile was exploding and Facebook's mobile story was not good -- it didn't even have advertising). I guess the meaningfulness of this data point is that people are dubious that SNAP will succeed long term. But that's somewhat tautological: if people thought SNAP would succeed, they'd buy it.

Facebook's mobile story 'was not good'...but it was clearly just a missing set of features in a product that was ripe for infiltrating mobile and they had the cash to buy to eventually buy instagram. The question is whether Snapchat is fundamentally flawed or a few features away from becoming a strong company. It just seems to me that they have too much competition against Facebook...a behemoth that's still innovatin…

How exactly have they been innovating in the last 5 years? They bought Instagram and WhatsApp and added SnapChat features to them

Re: Snap falls to IPO price

#253

Post by capkutay » Fri, Jul 14, 2017, 1:01 AM UTC

kungito wrote: post #252

capkutay wrote: post #40

Earlier quoted context omitted.

Facebook's mobile story 'was not good'...but it was clearly just a missing set of features in a product that was ripe for infiltrating mobile and they had the cash to buy to eventually buy instagram. The question is whether Snapchat is fundamentally flawed or a few features away from becoming a strong company. It just seems to me that they have too much competition against Facebook...a behemoth that's still innovatin…

How exactly have they been innovating in the last 5 years? They bought Instagram and WhatsApp and added SnapChat features to them

They're still an innovative company. They have one of the world's strongest engineering organizations and an executive team that has the vision to jump into new, hot areas. By all measures they're still innovative especially for their size...