Snapchat close to raising $100 million

Re:Snapchat close to raising $100 million by CoachRufus87 on Friday June 07, 2013 @03:38PM (#5841145)

And then the kids will move on to the next thing. Hopefully, for the sake of their investors, that happens after they've been acquired for a billion. Rinse, repeat.

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Re:Snapchat close to raising $100 million by citricsquid on Friday June 07, 2013 @03:54PM (#5841242)

Didn't people say the same about instagram and twitter? There are services that have the ability to stick around.

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Re:Snapchat close to raising $100 million by CoachRufus87 on Friday June 07, 2013 @06:01PM (#5842279)

We'll never truly know if instagram could've stuck around had it not been acquired.

Twitter is an indispensable communications medium that has more than 1 use case (read news, talk to friends, overthrow a government, etc). Thus ads makes sense (and I would even pay a low, yearly fee to keep it around).

Snapchat is interesting, but $100 million interesting?

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Re:Snapchat close to raising $100 million by grinich on Saturday June 08, 2013 @11:33AM (#5845167)

Non-tech people probably say the same thing about GitHub...

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Re:Snapchat close to raising $100 million by CoachRufus87 on Sunday June 09, 2013 @12:59PM (#5849571)

Github has a proven business model.

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Re:Snapchat close to raising $100 million by torbit on Friday June 07, 2013 @04:12PM (#5841409)

I've read teens are slowly moving away from facebook to Twitter & Instagram. Probably because it has less drama. It is more about narcissism without needing to reply to anybody.

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Re:Snapchat close to raising $100 million by onedev on Friday June 07, 2013 @05:41PM (#5842137)

Oh you read it? I'm glad you read :)

However, note that everything you read is not necessarily true. Unless you have HARD DATA, whatever you read may very well be made up.

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Re:Snapchat close to raising $100 million by torbit on Friday June 07, 2013 @08:52PM (#5843099)

just following the format of who I was responding to sherlock.

"Didn't people say"

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Re:Snapchat close to raising $100 million by netc on Friday June 07, 2013 @05:56PM (#5842233)

And those will be a different set of kids - next generation.

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