News for hackers. Stuff that matters.

A comment on Snap Inc. S-1. Parent comment

Re:Snap Inc. S-1 by dpweb on Thursday February 02, 2017 @06:14PM (#13555905)
Not a businessman but who says its all about the infra. buy vs. build. It allies them with Google. It gives arguably the most powerful co. in the world a stake in Snap' growth and success.
[ Parent | on HN ]
Re:Snap Inc. S-1 by beamatronic on Thursday February 02, 2017 @06:51PM (#13556224)
That's a great point, along the lines of, "When you borrow $100 the bank owns you; when you borrow $1,000,000 you own the bank"
[ Parent | on HN ]
Re:Snap Inc. S-1 by draw_down on Thursday February 02, 2017 @07:46PM (#13556605)
I dunno, $2 billion over 5 years is not exactly a ton of money to big G.
[ Parent | on HN ]
Re:Snap Inc. S-1 by discodave on Thursday February 02, 2017 @08:10PM (#13556758)
It is to GCP. GCP revenue is currently much less than $4 billion run rate.

They are reporting ~4B run rate for all cloud but that includes SaaS, GCP run rate may be < 1B (but it's hard to know for sure).

[ Parent | on HN ]