Snapchat IPO $25B

Deadlyinx
Deadlyinx

bloomberg.com/news/articles/2017-02-02/snapchat-parent-files-publicly-for-3-billion-initial-offering

only non-voting shares.
Snap Asks Non-Voting Investors to Focus on Vision, Not Losses.
Loss widened to $515 million in 2016 from $382 million in 2015.
Company has committed to spend $2B with Google cloud over the next 5 years.
2 fucking BILLION dollars for computers.

DOT COM bubble 2.0 when?

Methshot
Methshot

Seems like they know the jig is up and they want to cash out.

TreeEater
TreeEater

short Snapchat,

Whatsapp adding delete message/picture feature aswell.

Evil_kitten
Evil_kitten

How the fuck does snapchat make money, at all
Other than having rich partners for the """news""" section

It'll probably go up immediately from dumb cowboys buying it because hurr snapchat and risk investors trying to take advantage, don't you think?

massdebater
massdebater

It'll probably go up immediately from dumb cowboys buying it because hurr snapchat and risk investors trying to take advantage, don't you think?

There is a reason Whatsapp announced the "delete message/picture" service implementation two days ago before the IPO.

Gamble, but the IPO is extremly overpriced.

Stark_Naked
Stark_Naked

Will we be able to buy stock through Robinhood? Or will there be ridiculous wait times on orders?

Evil_kitten
Evil_kitten

snapchat won't survive whatsapp
whole app is a feature with shitty ux

farquit
farquit

investors focus on vision, not losses

CodeBuns
CodeBuns

how come snapchat is in the red ? what are they spending their cash on if they cant turn a profit with this massive ad reach they have ?

New_Cliche
New_Cliche

Going all in

RavySnake
RavySnake

330 employees each making 300k = 100 million + server running cost + miscellaneous

StonedTime
StonedTime

who gives a shit, buy twilio

PurpleCharger
PurpleCharger

Snapchat's fuck up is that they willingly put themselves in a political position. Worse yet, the losing side. They put so much money into supporting the DNC that when Trump won they had no choice but to keep pushing the DNC agenda or else they'd lose their funding from CNN and other leftwing companies.

Snapchat also spends their fucking money on stupid shit. I really like the company but at the end of the day they're paying their people way too much fucking money when they could be branding themselves a lot better. If spectacles were reasonably priced and available to a mass market rather than being sold in "hip, trendy, cool" vending machines they'd be able to really make an imprint.

I like snapchat, I really do. It's just that they're typical californians running a business. They're pinko faggots and that's going to lead to their demise.

MPmaster
MPmaster

They have 2000.

Sir_Gallonhead
Sir_Gallonhead

WhatsApp is owned by Facebook and Facebook has made it its sole mission to crush snapchat

iluvmen
iluvmen

Coming out with gadgets such as Spectacles and social media innovations that players such as Facebook want to copy isn’t easy. The company’s biggest investment is in R&D, where it spent $184m in 2016 – up from $82m a year earlier.

The company also spent $124m in marketing and $165m in general and administrative costs.

and inexplicably employs 1800 people.

Emberburn
Emberburn

Facebook owns instagram which now offers basically the same service as snap chat

Evilember
Evilember

could of sold it for 3bil in cash and facebook shares years ago. what a clown not accepting that offer

DeathDog
DeathDog

what is their value proposition anyway? It seems like they came up with a product that people wanted but with no real way to make a sustainable business model

TechHater
TechHater

exactly. snapchat is on its way out, largely.

StrangeWizard
StrangeWizard

you fucking goyim! why aren't you willing to give money to me and to my bull?

Dreamworx
Dreamworx

could of
could
of
o
f
What is this, first grade? It's "could have" you dumbass

King_Martha
King_Martha

google cloud
AMD CHIPS
Mooooooooooooooooooooooooooooon

Poker_Star
Poker_Star

Doesn't the IPO money go to them? They're much better off this way if that's the case.

Dreamworx
Dreamworx

bigly, i cant wait to short this faggots shit company

Soft_member
Soft_member

Most of that 3 billion was likely promised to employees. An IPO shortchanges the employees by giving them less valuable shares, meanwhile the company raises the ceiling on what it's allowed to take in from investors.

LuckyDusty
LuckyDusty

depends how much stock they personally sell

AwesomeTucker
AwesomeTucker

Sweet fucking shit

This is like the investment equivalent of "But she has such a great personality"

Sharpcharm
Sharpcharm

Facebook petty as fuck. I hope Snapchat magically succeeds and they make a movie about it and it shows Facebook and mark zuckerberg as the big babies they are

SniperGod
SniperGod

tfw still don't know what snapchat is
This is why I don't invest in software.

PurpleCharger
PurpleCharger

Snapchat does ads now
Or at least they did. They announced it, and I saw ads for about a week after, sparingly, but I haven't seen a single ad for a while now. I guess reception was worse than expected.

BunnyJinx
BunnyJinx

Oh wow, of course as soon as I say that I see an ad

StrangeWizard
StrangeWizard

It's not a software company it's a "camera company"

Lord_Tryzalot
Lord_Tryzalot

wat

SomethingNew
SomethingNew

that's what they claimed in their SEC filing

they also stated that they may never be profitable

SniperGod
SniperGod

they're pivoting!
ahahaha

BinaryMan
BinaryMan

they don't even know what their product is jfc

Spamalot
Spamalot

Ads, sponsored filters, and the news you mentioned.

CouchChiller
CouchChiller

these apps can barely monetize, stupid investments all around. Owners should all be selling and getting the fuck out. Buy some parking lots or something with the proceeds.

Fuzzy_Logic
Fuzzy_Logic

Technically they have those spectacles

Methnerd
Methnerd

I'm shorting that bitch, I hate Facebook more than anything but their products are solid as fuck, at the long run Facebook will survive by buying trends with their unlimited wealth and Snapchat will be the next Zynga. This is what I am thinking.

RumChicken
RumChicken

I think I know better than the market
You faggots are the same people who thought Facebook stock was going to be worthless after their IPO.

BunnyJinx
BunnyJinx

what are the sales figures on those? they need to narrow their focus and figure out what they're best at before it becomes a worthwhile investment

MPmaster
MPmaster

Idk can't be much though. They sell out of vending machines for $300. There's 2 ways this can go. Either they pull a Facebook and prove to everyone that they are worth it in the long run, or they pull a twitter and become shit. DESU though Facebook isn't anything other than a holding company really. Tell me one product of Facebook. You can't because they don't have one. They just buy out other tech companies sure they have their website but that probably brings in chump change for them.

BinaryMan
BinaryMan

They just buy out other tech companies sure they have their website but that probably brings in chump change for them.
huh? isn't facebook.com how they got all that money in the first place?

CodeBuns
CodeBuns

They got all that money from ad revenue, not innovation. Saying Snapchat can't do the same thing is stupid. But now Facebook buys a fuck ton of tech companies like oculus rift WhatsApp and Instagram.

Fuzzy_Logic
Fuzzy_Logic

If Snapchat does go the same way my advice would be to buy letgo, or start something like it. That way they can diversify and allow for more wiggle room. They don't want to end up like twitter or groupon

Skullbone
Skullbone

When the fuck can I buy this?

FastChef
FastChef

I mean the only good thing Snapchat has is just the facial recognition database they have that they're gonna sell to the government at some point.

Fuzzy_Logic
Fuzzy_Logic

Anyone else looking forward to shorting the shit out of this stock?

Ignoramus
Ignoramus

WHEN

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