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Didn't downvote, but Twitter stagnated and there isn't any reason to believe Snap will too. Social Media is about adapting to the changing trends, and for a wh
by bduerst 10y ago
Didn't downvote, but Twitter stagnated and there isn't any reason to believe Snap will too.
Social Media is about adapting to the changing trends, and for a while Twitter's strategy was to stay as close to it's core product as possible. Periscope is great but it came a little too late.
- moxious 10y agoThis is the reason to believe they'll stagnate: "We have incurred operating losses in the past, expect to incur operating losses in the future, and may never achieve or maintain profitability." Sooner or later, you run out of other people's money, and businesses which have no plan to be long-term profitable should not be.