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A comment on Snap falls to IPO price. Parent comment

Re:Snap falls to IPO price by symlinkk on Monday July 10, 2017 @08:05PM (#14740653)
Popular does not mean profitable! I feel like the tech industry has confused the two over and over again.
[ Parent | on HN ]
Re:Snap falls to IPO price by skinnymuch on Monday July 10, 2017 @10:16PM (#14741147)
Of course. But getting popular is an important part of being a big social media company. Profits of $100M on under $1B in revenue isn't going to help things much for Snap if that's not growing because they don't have enough users.
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