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Re:Snap's share price sinks, trades just above IPO price by mdorazio on Thursday June 15, 2017 @05:25PM (#14564503)
Ok. Amazon's market cap first reached $20B in mid-2007. At that time they had about $475M in net profit on revenue of about $15B.

Snapchat's total revenue for 2016 was $405M, with net loss of $514M.

The two are not even remotely comparable in terms of financial soundness.

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