Six4three5
Tour Star...Layin' Up!
- Thread starter
- #51
I'm in the same mindset. I'm sorry but that's just greed plain and simple, how much is enough? If 3 BILLION isn't enough then you don't deserve it.
See above. He turned down 4 previously.
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I'm in the same mindset. I'm sorry but that's just greed plain and simple, how much is enough? If 3 BILLION isn't enough then you don't deserve it.
I mean the pictures coming back to haunt the kids that post them thinking they're going to be deleted.
Ah yes. It is important the the internet is written in ink, so to speak.
The most interesting part of the linked article:
"Whether Snapchat deserves a $10 billion valuation is still up for debate. The company is in the early stages of building its business and makes little to no revenue. What it does have is an increasing user base -- while Snapchat handled 200 million "snaps" daily as of November, that had jumped to 700 million by May."
10B for a company with no revenue...amazing.
Not really in the age of the Internet. Whatsapp was sold for $19 Billion. They are not buying the service, they are monetizing the users.
Yeah, I understand the concept...web service as an ad clearinghouse. I haven't seen or used the ad so I'm not up to speed on what it collects, but obviously the investors are. FWIW I'm not sure Whatsapp is the right comparison...I believe the are a for fee service that rejects the ad clearinghouse approach.Not really in the age of the Internet. Whatsapp was sold for $19 Billion. They are not buying the service, they are monetizing the users.
Yeah, I understand the concept...web service as an ad clearinghouse. I haven't seen or used the ad so I'm not up to speed on what it collects, but obviously the investors are. FWIW I'm not sure Whatsapp is the right comparison...I believe the are a for fee service that rejects the ad clearinghouse approach.