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I'm also very optimistic about Snap - it's one of the only social networks I use regularly. That said, Snap could fix a lot of things and grow revenue and the
by nikcub 9y ago
I'm also very optimistic about Snap - it's one of the only social networks I use regularly.
That said, Snap could fix a lot of things and grow revenue and the stock could still not move - they're at about the same market cap of Twitter with a fraction of the revenue and user growth that is similarly stalling
There seems to be a hard boundary with reaching the demographic of users in developed nations and both Snap and Twitter are there
- KaoruAoiShiho 9y ago> There seems to be a hard boundary with reaching the demographic of users in developed nations and both Snap and Twitter are there I think Twitter and snap are very different. Snap is a messenger app and has the same potential as FB messenger or wechat. Twitter will never be that. The latest news has Tencent making a strategic investment and bringing chinese style monetization to Snapchat. I'm very optimistic about this.
- leroy_masochist 9y agoInteresting, what is Chinese style monetization?
- KaoruAoiShiho 9y agoGames, payment, micro-transactions.
- QML 9y agoI think it’s referring to how a lot of Chinese apps have micro transactions / are essentially payment channels with incentives built in or games built on top.