News for hackers. Stuff that matters.

A comment on Snap Jumps in Debut After App Maker Raises $3.4B in IPO. Parent comment

Re:Snap Jumps in Debut After App Maker Raises $3.4B in IPO by hindsightbias on Thursday March 02, 2017 @01:31PM (#13776786)
If you have no need for integrated texting/flirting/sexting/following, it's not of benefit right now.

Microsoft paid something like $40/user for hotmail, and IDK what for LinkedIn (20B?). What other platform will these kids move to? Maybe Instagram, but that leaves two big, well-funded players with ~500M users down the road. Billions to create/integrate with media/virtual content.

Unless something supplants snap for the tweens, I think they've got a lot of long-term capture. Their "phones" are their universe.

[ Parent | on HN ]
Re:Snap Jumps in Debut After App Maker Raises $3.4B in IPO by brandon272 on Thursday March 02, 2017 @05:25PM (#13778846)
Instagram's new stories feature seems popular and is more pleasant to use than Snapchat.
[ Parent | on HN ]