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A comment on Snapchat has raised $485M more from 23 investors. Parent comment

Re:Snapchat has raised $485M more from 23 investors by tim333 on Wednesday December 31, 2014 @10:25PM (#8822047)
>I'd like to hear what you'd think if 'Core Facebook' went out of business right now (but not WhatsApp/Instagram)...Was it a profitable endeavour or not?

Core Facebook probably would have been profitable. They declared after tax earnings of over $2bn for 2010-2013. I dare say they raised over $20bn from investors but much of that went on WhatsApp & Instagram.

In reality of course they are not going out of business right now and are worth quite a few billions.

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Re:Snapchat has raised $485M more from 23 investors by mbesto on Wednesday December 31, 2014 @11:13PM (#8822135)
They're worth $217b to be exact and have an EBITDA of $6b (on $11b in revenue).[0] They are effectively "printing money" at this point.

[0] - http://finance.yahoo.com/q/ks?s=FB+Key+Statistics

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Re:Snapchat has raised $485M more from 23 investors by jaredsohn on Thursday January 01, 2015 @05:46AM (#8822601)
I would assume that evaluation includes all of Facebook, not just the core portion.
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Re:Snapchat has raised $485M more from 23 investors by mbesto on Thursday January 01, 2015 @02:28PM (#8823936)
What exactly is "core facebook"?
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Re:Snapchat has raised $485M more from 23 investors by jaredsohn on Thursday January 01, 2015 @02:31PM (#8823949)
FB without WhatsApp or Instagram (see the GGGGP)

But thinking about it more, my earlier post wasn't relevant to this thread since the message I replied to was just expanding upon the idea of Facebook printing money and it should be okay to include Instagram and WhatsApp revenues there.

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Re:Snapchat has raised $485M more from 23 investors by curiously on Thursday January 01, 2015 @09:44AM (#8823039)
I find it hard to believe that it is worth 2/3 of what google is when the revenues are 6 times lower, less diversified (if you can call oculus rift an investment). Printing money seems like an overstatement, they are financing it largely at a cost and I just don't see how you can monetize what essentially is facebook, a free chat device inferior to skype.
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