Snapchat raised $1.8B in a Series F round

Re:Snapchat raised $1.8B in a Series F round by sangnoir on Friday May 27, 2016 @02:23AM (#11784266)

> IMO no chat platform can survive without being attached to another product or service;

I sincerely believe WhatsApp could have survived independently with a $1/yr subscription. They hit a sweet spot of having a 9-digit user base, a small team and not raising crazy amounts of venture capital.

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Re:Snapchat raised $1.8B in a Series F round by partiallypro on Friday May 27, 2016 @07:53PM (#11789907)

I think paid providers can survive, but not ad backed ones. Skype has a paid offering for example and has a business platform, Hangouts has a business platform integration. Hard to do that with something like SnapChat, if you ask me. Eventually if everyone is collecting data, that data is going to become less valuable per user, so using that for valuation becomes nonsensical.

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