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Ok. Amazon's market cap first reached $20B in mid-2007. At that time they had about $475M in net profit on revenue of about $15B. Snapchat's total revenue fo
by mdorazio 9y ago
Ok. Amazon's market cap first reached $20B in mid-2007. At that time they had about $475M in net profit on revenue of about $15B.
Snapchat's total revenue for 2016 was $405M, with net loss of $514M.
The two are not even remotely comparable in terms of financial soundness.