Re:Snap Inc. S-1
by charlesdm on Thursday February 02, 2017 @05:47PM
(#13555687)
Is it worth $25bn? Seems like a (massive) stretch, but maybe. Can it still realistically increase in value from this point? Probably not.
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No idea what it's worth, I just disagree that their ads are less valuable than other types.
agree this reeks of ca 2000 burstage... so you have a bunch of eyeballs you sell ads to. Big f'in deal, that's not a $25B business unless you can continue to scale 10x (profitably). The rest is simply tech-fad novelty junk.
I'd still buy into the IPO and ride it up a bit though.