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I think people are negative about the profit potential of Snapchat ever coming close to justifying the multi-billion dollar valuations. As a fun and sticky soc
by GVIrish 10y ago
I think people are negative about the profit potential of Snapchat ever coming close to justifying the multi-billion dollar valuations. As a fun and sticky social media service I think most can recognize Snapchat is killing it, but as a business it seems sketchy.
I think Snapchat can be profitable at some point but it would have to be a blockbuster in terms of revenue/profit to justify an 11-digit valuation.
- gjolund 10y agoBingo. The numbers just don't add up. You would think people would be a little more skeptical after watching the twitter downward spiral.