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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 argonaut on Wednesday October 26, 2016 @06:59PM (#12801506)
I'm bullish too, but any comparisons to Facebook are lazy. Snapchat and Facebook are completely orthogonal (the closer competition is Instagram, owned by FB, and Snapchat, but even then I would argue it is lazy to say they are direct competitors, ignoring the Instagram Stories product).

For better or worse Facebook is a piece of social infrastructure and utility. Everyone has Facebook. All the groups I know of are organized through Facebook. All of the events. And so on.

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Re:Snapchat Seeks to Raise as Much as $4B in IPO by kevinmannix on Thursday October 27, 2016 @08:49AM (#12804638)
Completely anecdotal, but my siblings and cousins that are teens don't have Facebook, and most of their classmates don't either. It's weird to imagine a world where not everyone has Facebook, but I don't think it's as ubiquitous for those who grew up where alternatives existed, such as Snapchat and Instagram (even Twitter as well).
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Re:Snapchat Seeks to Raise as Much as $4B in IPO by rshaban on Thursday October 27, 2016 @12:17PM (#12806414)
As teenagers with close friend circles, that's becoming more common. I wouldn't be surprised to see them pick up and get more involved with Facebook if/when they enter a larger community at college, or move to a new city, etc.
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Re:Snapchat Seeks to Raise as Much as $4B in IPO by azaydak on Thursday October 27, 2016 @04:15PM (#12809483)
I have been facebook clean for almost 3 years. Never felt better!
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Re:Snapchat Seeks to Raise as Much as $4B in IPO by matt_wulfeck on Thursday October 27, 2016 @02:57AM (#12803348)
Yes but money is made through eyeballs and not infrastructure. The most money will go to the app that gets the most viewing.
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Re:Snapchat Seeks to Raise as Much as $4B in IPO by Disruptive_Dave on Thursday October 27, 2016 @06:37AM (#12803995)
> The most money will go to the app that gets the most viewing.

...and figures out how to draw consistent revenue from that. Snapchat is making $365m this year in revenue, projecting $1b next year, and has a newly launched ads API.

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