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> Except what the author said isn't actually true in any regard what-so-ever. Point out the start-up that has raised a billion dollars to take selfies or find i
by fweespeech 10y ago
> Except what the author said isn't actually true in any regard what-so-ever. Point out the start-up that has raised a billion dollars to take selfies or find imaginary creatures. It's such a wild exaggeration, it missed by 10 or 20 fold.
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Snapchat is an example of one that has, just fyi.
http://www.reuters.com/article/us-snapchat-funding-idUSKCN0YH13Z http://www.reuters.com/article/us-snapchat-funding-idUSKCN0Y...
> Messaging app Snapchat has raised $1.81 billion in funding, the company reported in a U.S. regulatory filing on Thursday, a sign that investor interest is strong despite concerns among some venture capitalists that the platform is struggling to attract advertisers.
- danso 10y agoSnapchat is far more than a selfie-app. As the quote in your excerpt says, it's a "messaging" app. I don't use Snapchat myself, but the fact that it has enamored both the kids and whatever the hell pre-millennials who are too young to be Gen-X are called, even to the point of replacing Facebook as their goto way of communicating and sharing life experiences, makes me think that it's worth something to society.
- rplst8 10y agoThese platforms are worth nothing to society per se. They are worth something to investors in the potential returns they might yeild once they find a way to turn the aggregate data and metadata into a more acurate advertising model.
- fweespeech 10y ago> Snapchat is far more than a selfie-app Yeah, a "selfie-app" is basically a "messaging app that is used primarily to send pictures". I'm sorry but there are 239042903490232930 of these and they don't justify this sort of fund raising in practical value to society.