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Bahahahahahahahahahahahahaha
Their hold on the market is strong but the user base is fickle. They're struggling to monetize and it seems like they have a PR black eye monthly.
No. It's not.
Thought they raising 3 billion. Wouldnt the valuation be higher?
Fb valuation was ~19x ntm revenue.. snap is ~25x
^ You're right. Their valuation is rumored to be closer to $25 billion. Facebook's IPO val netted around 100bn, so a quarter of that amount based on a quarter of Facebook's monthly active users does seem feasible.
Three lack of permanency around its content is what has drawn its users.. but it's also a reason they will stop using it and move on to the next big thing.. unlike fb/LinkedIn which have a stickier user base
MS - what is your opinion?
No
Bump
Still not convinced to get one so no