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Well, they're not talking about leaving a million on the table, they're talking about leaving a million and a half on the table every single day ("if only they'
by hullo 13y ago
Well, they're not talking about leaving a million on the table, they're talking about leaving a million and a half on the table every single day ("if only they'd use our product!"). The figure they come up with is a half a billion dollars, which is a much larger number than you're giving credit to here.
- nostromo 13y agoAs a comparison, that's half of Twitter's current annual revenue.
- beat 13y agoAnd Twitter is unprofitable.
- mcintyre1994 13y agoApparently Snapchat's costs are incredibly low though. At the very least, their employee count is 2 digits, not 4.
- beat 13y agoThat won't last once they're monetizing. They'll have to staff up a great deal.
- beat 13y agoThat's assuming not-wildly-optimistic assumptions within a self-serving analysis. Dial that back to $100M rather than half a billion, and it's no longer a tremendously appealing option. Facebook's per-user revenue for US users was $4.19 as of last October (with far smaller amounts for non-US users). And that's with years of experience, rich targeting based on multi-year social data mining, and the ability to embed several ad impressions per pageview. Is Snapchat likely to hit that high mark? Not in the short term, for sure.
- gabemart 13y ago> Facebook's per-user revenue for US users was $4.19 as of last October Revenue per user over what time period?
- jrpt 13y agoThat's over one quarter. The data is from their 10-Q: http://files.shareholder.com/downloads/AMDA-NJ5DZ/2956973952x0xS1326801-13-31/1326801/filing.pdf http://files.shareholder.com/downloads/AMDA-NJ5DZ/2956973952... $832MM revenue from US & Canada, with 199 million users = $4.18