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Snap Jumps in Debut After App Maker Raises $3.4B in IPO

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351–360 of 369 posts

Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO

#351

Earlier quoted context omitted.

The s1 listed 50m shares as coming from existing share holders but they did not break it out. Usually that is employees with vested shares and occasionally other investors. Was more common in the dot com IPO's but Zynga did that too as I recall

Ah ok, so the company makes an exception to the lockup period for IPO participation? How do they typically decide who gets to participate?

It's not an exception to the lockup, they are sold as part of the IPO. It's like taking money off the table in a VC round. Broadly speaking shares can come from three places when they are sold: new, which causes dilution, allocated but not granted, which is where the majority of employee grants come from, and finally vested ownership that is held by individuals. An IPO will have some mix of the latter two almost always. The relative proportion signals how bullish the insiders are to future prospects for the stock.

Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO

#352

Earlier quoted context omitted.

Snap is the last thing that would replace TV. Nobody sits down and spends a consecutive hour on Snapchat

Neither does anyone an hour watching TV anymore? Everyone within the age range 18-30 in the US definitely spends more time on Snapchat than TV right now.

>Everyone within the age range 18-30 in the US definitely spends more time on Snapchat than TV right now.

Traditional TV, or Netflix/YouTube content?

Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO

#353
post #344

Earlier quoted context omitted.

These cheap plastic glasses have the cultural staying power of the pet rock.

> cultural staying power of the pet rock. https://en.wikipedia.org/wiki/Pet_Rock >> Pet Rock is a collectible conceived in 1975 We're still talking about it forty years later. I knew exactly what you meant by pet rock without having to search for it.

>by February 1976 they were discounted due to lower sales

Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO

#354

Ignorance is bliss in a world where half the people at YC could develop the core snap chat app in a week.

This point was addressed on HN by user ChuckMcM in November 2013, right after Spiegel rejected Zuckerberg's buyout attempt: > The focus here is on the tech and not the market. A pet rock was 'worthless' (the rock was just a rock) but the connection with a generation was valuable. So often in our business we look at something that we feel like we could build (or could be easily built) and a valuation, and focus on tho…

The pet rock was also only on sale for about a year before being discontinued due to poor sales.

Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO

#355

Earlier quoted context omitted.

And that's not their only product: Bitmoji has been the #1 iPhone app overall since January 11, and it was already the #1 iPhone Utility app since July 22, 2016 (Log in to see) - https://www.appannie.com/apps/ios/app/bitmoji-keyboard-your-... https://www.appannie.com/apps/ios/top/united-states/overall/... And yesterday on eBay, 22 pairs of Spectacles were sold, with one pair went for $229 and 2 others went for $200 e…

Trend moving from So(cial)-Lo(cal)-Mo(bile) to AI-AR-Dr(one)-SDR(self driving)

Can somebody explain this?

Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO

#359
post #163

I'm a light snapchat user (send/receive ~100 snaps/week and post to my story every 3-4 days) and I have a question about its value as an advertising platform. I always skip the ads, and I don't know anyone else who uses snapchat who does't immediately skip the ads. When I do this, is it counted as an impression? I can't imagine advertisers would be happy to know that the ads can be skipped. Also I never use the Disco…

I imagine it would be similar to Youtube's model. >A view is counted when someone watches 30 seconds of your video ad (or the duration if it's shorter than 30 seconds) or interacts with the ad, whichever comes first. https://support.google.com/adwords/answer/2472735

Does skipping the ad count as interacting with it?

Re: Snap Jumps in Debut After App Maker Raises $3.4B in IPO

#360
post #163

Earlier quoted context omitted.

I imagine it would be similar to Youtube's model. >A view is counted when someone watches 30 seconds of your video ad (or the duration if it's shorter than 30 seconds) or interacts with the ad, whichever comes first. https://support.google.com/adwords/answer/2472735

Does skipping the ad count as interacting with it?

Likely not.
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