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Wow, company makes an app and is valued at 1/5th the value of GE, an international conglomerate making an enormous range of products. Seems wildly over valued
by bfrog 9y ago
Wow, company makes an app and is valued at 1/5th the value of GE, an international conglomerate making an enormous range of products.
Seems wildly over valued to me still. Compare to yelp even at a market cap of ~2b vs this 21b mkt cap behemoth. Yeah, time to short some Snap.
- sinatra 9y agoCan you not discount a lot of companies like this? Google makes a web page (after all, that's where most of their revenue comes from), Apple makes just a phone (that's where most of their revenue comes from), etc and they are many times bigger than any conglomerate.