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What went wrong with Snap, Netflix and Uber?
- deleted 4y ago[deleted]
- gardenfelder 4y agohttps://archive.ph/sZogY https://archive.ph/sZogY
- genewitch 4y agoMoney stopped being cheap.
- ilrwbwrkhv 4y agoNone of them were a real business. Snap could have been.
- theGnuMe 4y agoWhat is the real business for snap?
- ilrwbwrkhv 4y agoAds for eyeballs.
- TheOsiris 4y agotheir ads hurt my eyeballs. feels like there's an ad every damn second. how can people tolerate this
- justapassenger 4y agoUser data and ads, like all other players in that space?
- chaosbutters314 4y agoyour text and pics only delete every day if you pay
- 8n4vidtmkvmk 4y agothey keep your pics as blackmail. just store them for 5 years until reaching critical mass then blackmail everyone all at once
- oneoff786 4y agoNetflix is clearly a different story from Snap and Uber.
- diab0lic 4y agoRight? Netflix is churning out a profit with a ratio on the interval [20, 25] depending on the day. I really don’t see how it belongs in the same category as the other two who don’t have a finite P/E ratio.
- benwad 4y agoYeah this article only has this to say about Netflix: > Netflix—a child of the 1990s but a streamer only since 2007—turns a profit but its revenue growth was down to 6% year on year in the third quarter, compared with a historical average of more than 20%. So its revenue is still growing year-on-year, but not quite at the breakneck pace it was in the past? I wouldn't call that a dying company. Most of the other companies have never turned a profit, no idea why the article is putting Netflix in that category.
- whatever1 4y agoOut of the three, Snapchat is the one product that I do not know who the target customer is. Boomers are on Facebook, millennials are on Instagram, gen-z are on TikTok. Who is Snapchat for then?
- easrng 4y agoSnapchat seems like it's dying. A lot of people I know around my age (I'm in high school) either deleted it or only have it to keep up their streaks. However, it seems like younger kids (elementary maybe and middle) are still using it so maybe their demographics are just shifting younger?
- TheOsiris 4y agoelementary kids are using Snapchat? holy shit. please tell me you're making this up
- easrng 4y agoI don't know for sure because I don't have any relatives or other people of that age I regularly interact with but I wouldn't be surprised, I know 11-12 year olds using it tho that would be early middle school not elementary I guess.
- rosnd 4y agoWhy would that be surprising? Of course they are. Nothing "holy shit" about it.
- duped 4y agoConversations and photos people want deleted from local history
- forgotpwd16 4y agoMaybe what you say it's true but according to a survey[0] it's the most popular app/site U.S. teens use after YouTube, TikTok, Instagram. And excluding YT, the two others and Snapchat have about the same usage. [0]: https://www.pewresearch.org/internet/2022/08/10/teens-social-media-and-technology-2022/ https://www.pewresearch.org/internet/2022/08/10/teens-social...
- zxcvbn4038 4y agoI still don’t have Uber figured out. I had their app in my phone for years. When I tried to use it I discovered I’d been shadow banned and every attempt to use the platform ends in an error just before a driver is assigned. Same result with Uber eats and postmates. Sometimes I contemplate getting a job at Uber just so I can figure out why I’m banned then quitting. It’s probably something dumb like a transposed digit or they banned the previous person to have this number - everyone on earth has a unique phone number that doesn’t change their entire lives, right? Wrong.
- simonblack 4y agoUber's users are merely the means to extract as much cash as possible from investors and drivers alike. The idea of Uber is for the Management drones to skim as much money as possible off the sucker investors and drivers. Uber is never intended to make a profit as a real business would have to, to remain in business. Seems that the investors are finally starting to wake up that they're just suckers after all.
- nottorp 4y agoHmm I don't know what they're doing in the US, but where I am Uber seems to be a decent service. However, it costs as much as taxis so it's mostly a matter of preference what you order. And it has competition from Bolt.
- simonblack 4y agoHowever, it costs as much as taxis So now it's suckering not only the investors and drivers, but also the users. And still not making a profit like taxi companies must do. So where's all that money going? Excellent business model for the Managers. It will be interesting to see what happens to their salaries and bonuses in the near future.
- nottorp 4y agoDon't know about suckering users. It costs the same and I don't have to explain to them on the phone where to pick me up, which is a plus.
- _meu9 4y agoSnapchat is the only real social media app in my opinion. People seems to use it to actually connect with their friends via Stories, Messages and even SnapMaps. They don't mindless scroll like on other social media apps like Facebook, Instagram, etc... However, it seems like Snapchat hasn't gotten that so they keep pushing useless content like Discover and Spotlight...
- anthonypasq 4y agobecause there is no way to monetize sending pictures to your friends