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.