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Did you see how much Snap was/is paying on infrastructure? It is _insane_. $2 billion over 5 years. The amount of waste that is obviously happening there is ma
by mej10 9y ago
Did you see how much Snap was/is paying on infrastructure? It is _insane_. $2 billion over 5 years.
The amount of waste that is obviously happening there is maddening.
- cma 9y ago$2 per user year?
- firebones 9y agoFrom Twitter: Chris Moore @ctmoore91 Aug 10 More Quick math on $SNAP marketing numbers: - $3.60 per existing user - $89 per acquired user to make revenue of $1.05 per user in... 3 months
- angstrom 9y agoThat's more than maddening. One company is working on the forefront of an entire ecosystem transformation in a 100 year old entrenched customer base the other...well, let's just say in another 100 years you'll be lucky to find anyone that knows what snap was.
- kuschku 9y agoDepends. If Snap fails, and Facebook gets a monopoly for centuries due to network lock-in, we'll know Snap as the last competitor to Facebook.
- toomuchtodo 9y ago"Competitor". Externally funded R&D for Facebook.
- samstave 9y agoTrue - but can you ELI5 for everyone - even though we can infer based on being in tech and can see this - but spell it out for others...
- jgalt212 9y agoJust imagine how much profit Amazon would make if it were only AWS and no retail operation.