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Finally an IPO that makes sense to me. I can understand the value of Dropbox. Stuff like Snapchat being worth billions just make me feel like I don't know how
by nkkollaw 10y ago
Finally an IPO that makes sense to me.
I can understand the value of Dropbox. Stuff like Snapchat being worth billions just make me feel like I don't know how anything works anymore.
- sbardle 10y agoDropbox is a utility/product/feature. It can be replaced. Snapchat is a network and therefore is open to network effects, i.e. the sum becomes greater than the parts. I think in ten years time Snapchat will look the more justified valuation, providing they execute. Dropbox are going to struggle unless they can innovate ontop of the current business model.
- nkkollaw 10y ago> I think in ten years time Snapchat will look the more justified valuation, providing they execute. They execute what, exactly? I looked at their investors page. Doesn't make any sense. It's a sexting app!!!