Re:Facebook Profit Jumps 71% Year-over-Year
by fullshark on Wednesday July 26, 2017 @07:43PM
(#14861398)
I'm not rooting for Snap to fail, any negative comments I made (and have seen here) were because I thought their IPO price was absurd. I think they can carve out a niche and be profitable but the expectation that they grow to the size of FB / GOOGL I just don't see it, and the IPO seemed to be priced based on that.
I also thought their stock set up with zero voting rights was crazy but that's a separate issue.
I also thought their stock set up with zero voting rights was crazy but that's a separate issue.