4 ms·
As of 2015 YouTube reportedly hadn't turned a profit but was breaking even [1, 2]. If the world's number 2 website's business model wasn't turning profits after
by jnisenbom 9y ago
As of 2015 YouTube reportedly hadn't turned a profit but was breaking even [1, 2]. If the world's number 2 website's business model wasn't turning profits after 9 years... we can probably expect the same for snap.
Definitely makes you wonder about the viability of the ad revenue model.
[1] https://www.wsj.com/articles/viewers-dont-add-up-to-profit-for-youtube-1424897967 https://www.wsj.com/articles/viewers-dont-add-up-to-profit-f...
[2] http://www.businessinsider.com/youtube-still-doesnt-make-google-any-money-2015-2 http://www.businessinsider.com/youtube-still-doesnt-make-goo...
- jonwachob91 9y agoYoutube didn't try to go public before becoming profitable.
- sjg007 9y agoIt's an evolving market. TV / apps / video are all converging. You can look at the first 10 years of YouTube as customer acquisition. It's a long game. Snap is likely similar as is twitter. This realtime private zeitgeist.