Why should we trust these numbers?
Snapchat reportedly hit 160M daily users and $400M revenue in 2016
31–40 of 57 posts
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#32Earlier quoted context omitted.
Based on Snap's own numbers it would indicate Instagram is a tier 1.
Seems like Snapchat is growing faster though
Not really.
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#33Earlier quoted context omitted.
Most people between the ages of 10-30 have been conditioned to pull out their phone during the slightest feeling of boredom, awkwardness, loneliness, or of course notification noise / buzz. It then becomes a question of which App gets opened first which usually is decided by the amount of 'reward' generated by the action. I can only speak to my demo, but the order is usually: Tier 1: * Text messaging * Snapchat Tier…
Based on Snap's own numbers it would indicate Instagram is a tier 1.
His demo is likely younger, and thus uses Snapchat more frequently than instagram
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#34Earlier quoted context omitted.
Based on Snap's own numbers it would indicate Instagram is a tier 1.
Seems like Snapchat is growing faster though
One of the benefits of publicly traded and soon-to-be-traded companies is that they release things like DAU in their S-1s and quarterly reports, so we don't have to rely on anecdote.
Disclaimer: I work at Facebook (but don't follow this sort of thing beyond reading the quarterly reports every once in a while)
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#35Why should we trust these numbers?
Because they publicly filed for IPO today and released all these numbers.
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#36Earlier quoted context omitted.
If I pull out my phone I go right to HN, or the current book I'm reading. I'm definitely old now...
I think 27 is old for HN, so I'm right there with ya. The tinder and snapchat generation blew right by me. I still use twitter and instagram, but I don't immediately reach for them. I typically go to HN, an article, or another piece of reading material when I'm bored.
Oh no; 27 can't be old. I can't be old D: 27 isn't old!
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#37Why should we trust these numbers?
If they lie to the SEC their IPO will not be so good
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#38Earlier quoted context omitted.
I think 27 is old for HN, so I'm right there with ya. The tinder and snapchat generation blew right by me. I still use twitter and instagram, but I don't immediately reach for them. I typically go to HN, an article, or another piece of reading material when I'm bored.
Oh no; 27 can't be old. I can't be old D: 27 isn't old!
Haha I'm 28, from the doom and gloom I read on HN about age discrimination I should be entering retirement! :(
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#39Heaviest app on my phone ever.
Yea I don't have the latest Nexus smartphone, but I am sure it's not coded as good as it could and should be.
Re: Snapchat reportedly hit 160M daily users and $400M revenue in 2016
#40Heaviest app on my phone ever. Yea I don't have the latest Nexus smartphone, but I am sure it's not coded as good as it could and should be.
> but I am sure it's not coded as good as it could and should be.
Nothing ever is, except for NASA's shuttle control systems.