Re:Snapchat raised $1.8B in a Series F round
by gjolund on Thursday May 26, 2016 @07:12PM
(#11782443)
Really solid reply, and a great explanation.
I completely understand that from a shareholder perspective companies like facebook and snapchat are huge wins.
However my argument is that as a society these companies have very little value. I believe that the current wave of tech startups are the equivalent of shareholder junk food. I nice relatively immediate return, and no real long term value.
I completely understand that from a shareholder perspective companies like facebook and snapchat are huge wins.
However my argument is that as a society these companies have very little value. I believe that the current wave of tech startups are the equivalent of shareholder junk food. I nice relatively immediate return, and no real long term value.