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A comment on Snapchat Seeks to Raise as Much as $4B in IPO. Parent comment

Re:Snapchat Seeks to Raise as Much as $4B in IPO by foolfoolz on Wednesday October 26, 2016 @06:41PM (#12801379)
twitter is worth 11B and makes 2.6B/yr. The playbook works
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Re:Snapchat Seeks to Raise as Much as $4B in IPO by sib on Wednesday October 26, 2016 @10:42PM (#12802555)
Twitter loses over USD600MM / yr. The playbook is yet to be proven. If they were earning 2.6B / yr, news articles and market perception would be very, very different.
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