Re:Snap's share price sinks, trades just above IPO price
by askafriend on Thursday June 15, 2017 @07:08PM
(#14565234)
The actual commercial value is what I stated: unprecedented global distribution driven by content (some of which is user-generated and some of which is partner-generated).
It's the model that has worked for TV, Radio, and Newspapers but in the new world the integration points are different from those old models making the chain of value much different.
Here's a short article that'll help explain it better than I can: https://stratechery.com/2015/aggregation-theory/
By your friend's logic, AirBnB doesn't have any value either.
Re:Snap's share price sinks, trades just above IPO price
by mrleinad on Saturday June 17, 2017 @10:33PM
(#14578689)
Exactly. The same logic applies. It's a glorified hotel reservation site.
Re:Snap's share price sinks, trades just above IPO price
by askafriend on Monday June 19, 2017 @12:58PM
(#14588417)
You really think AirBnB has zero value?
Yes AirBnB is a glorified hotel reservation site, but isn't a car just a glorified horse and buggy? I guess I just don't understand how you could be so dismissive in the face of something so clearly valuable and so clearly wanted by the market.
The concepts don't translate, that's for sure. However, to claim that Facebook is worth something if they just keep collecting data and we see nothing being done with that, is just wishful thinking.
Amazon invests in research and built a PaaS/SaaS service that's worth a lot. It innovates on several products like Kindle and Echo. Owns patents that are worth something.
What's the ACTUAL commercial value that Facebook is bringing to the world and to people that's making it so worthwhile? Sharing pics? Getting customized newsfeeds? Having yet another channel to communicate with your aunt or with that customer service? What do we lose if Facebook goes away tomorrow?