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I'm not rooting for Snap to fail, any negative comments I made (and have seen here) were because I thought their IPO price was absurd. I think they can carve o
by fullshark 9y ago
I'm not rooting for Snap to fail, any negative comments I made (and have seen here) were because I thought their IPO price was absurd. I think they can carve out a niche and be profitable but the expectation that they grow to the size of FB / GOOGL I just don't see it, and the IPO seemed to be priced based on that.
I also thought their stock set up with zero voting rights was crazy but that's a separate issue.