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Snap's design is really awful looking - to the point I can't see how it doesn't just damage the brand. Plus Snap's core business is a mess I don't see how they

Snap's design is really awful looking - to the point I can't see how it doesn't just damage the brand. Plus Snap's core business is a mess I don't see how they could really compete with Meta on this they'll run out of money first. It's cool to see Meta's continued work/focus in this space - a polished internal prototype is probably the right place for this hardware.

bhouston 2y ago
> Plus Snap's core business is a mess Snap is worth $20B, Meta is worth $1.5T. No comparison.
- tourmalinetaco 2y ago
  Money isn’t everything, one look at the Metaverse or Sony’s Concord fiasco tells you all you need to know.
  - sleepybrett 2y ago
    Money IS everything. It says something that sony has the ability to fail like that and continue. Just like FB failed at the metaverse after doubling and tripling down about how it was the future of the company before it just kinda stopped talking about it. Companies with this much cash can take risks and fail with little to no concequences, smaller companies cannot and thus often choose not compete or just HOPE that they get bought by one of these near monopolies.
    - jerska 2y ago
      Using caps doesn’t make this affirmation any more true. While you’re correct that it does massively help, money is only a resource, which you can use to trade for a lot of things, but there are people, things and abstract concepts that money can’t buy.
      - shermantanktop 2y ago
        Money buys recovery from failure, which is a double-edged sword. It doesn't buy the ability to learn the right lessons, and eventually the money teaches that failure doesn't really matter, because there's always another chance to get it right. Which is why it is probably better to be just constrained enough financially that your first attempt really matters to your bottom line, but have enough to be able to pull it off.
  - homefree 2y ago
    Sure, but it's a factor and it's not like Snap is doing great otherwise. Startups have less money, but invent new fields because of the differentiated advantage that comes from being smaller and faster (among other things). This is Snap competing in the same arena against Zuckerberg who is a lot better capitalized and better at it. It'd be one thing to do if Snap was otherwise firing on all cylinders and trying to expand into the platform of the future, but it seems like they never recovered from Apple's ATT and are blowing money on passion projects that are not competitive. What do I know? I'm just an outsider, but I'd buy Meta and sell Snap. If you disagree, the other direction is probably a lot more profitable if you're right.

bhouston 2y ago

> Plus Snap's core business is a mess Snap is worth $20B, Meta is worth $1.5T. No comparison.

tourmalinetaco 2y ago
Money isn’t everything, one look at the Metaverse or Sony’s Concord fiasco tells you all you need to know.
- sleepybrett 2y ago
  Money IS everything. It says something that sony has the ability to fail like that and continue. Just like FB failed at the metaverse after doubling and tripling down about how it was the future of the company before it just kinda stopped talking about it. Companies with this much cash can take risks and fail with little to no concequences, smaller companies cannot and thus often choose not compete or just HOPE that they get bought by one of these near monopolies.
  - jerska 2y ago
    Using caps doesn’t make this affirmation any more true. While you’re correct that it does massively help, money is only a resource, which you can use to trade for a lot of things, but there are people, things and abstract concepts that money can’t buy.
    - shermantanktop 2y ago
      Money buys recovery from failure, which is a double-edged sword. It doesn't buy the ability to learn the right lessons, and eventually the money teaches that failure doesn't really matter, because there's always another chance to get it right. Which is why it is probably better to be just constrained enough financially that your first attempt really matters to your bottom line, but have enough to be able to pull it off.
- homefree 2y ago
  Sure, but it's a factor and it's not like Snap is doing great otherwise. Startups have less money, but invent new fields because of the differentiated advantage that comes from being smaller and faster (among other things). This is Snap competing in the same arena against Zuckerberg who is a lot better capitalized and better at it. It'd be one thing to do if Snap was otherwise firing on all cylinders and trying to expand into the platform of the future, but it seems like they never recovered from Apple's ATT and are blowing money on passion projects that are not competitive. What do I know? I'm just an outsider, but I'd buy Meta and sell Snap. If you disagree, the other direction is probably a lot more profitable if you're right.