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It will stick around for several more years but the business model for SC is really questionable to keep up with making profit ever. The whole "I've got a lot o
by yeukhon 10y ago
It will stick around for several more years but the business model for SC is really questionable to keep up with making profit ever. The whole "I've got a lot of active users" is pretty much a building on fire, much like Uber in general. The fire will go on for as long as there are enough oxygen and enough material to burn until users starts to drop or advertisers see no value returning from paying Snapchat. SC won't completely go away for a long time, much like MySpace is still a thing today. Uber on the other hand is sort of "too big to fail" because of the amount of users it has already accumulated and already invested. Don't think SC will be too big to fail ever, but it will be interested to see how SC plays out in the next couple years with its production evolution.
- amyjess 10y ago> The whole "I've got a lot of active users" is pretty much a building on fire Isn't this what caused the dot-com bust of 2000?
- yeukhon 10y agoYeah, I think so. I think we are seeing this with Uber already, which I am afraid Uber will become the eventual too big to fail, but it can fail if nothing done right since in 2016 Uber has lost $3B already. Like I said, SC's failure wouldn't be a huge loss for investors. It's going IPO.