News for hackers. Stuff that matters.

A comment on Snap's share price sinks, trades just above IPO price. Parent comment

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.

[ Parent | on HN ]
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.
[ Parent | on HN ]
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.

[ Parent | on HN ]