This thing has taken off. Now he developed a piece of hardware.
http://www.wsj.com/articles/snapchat-releases-first-hardware-product-spectacles-1474682719 (http://www.wsj.com/articles/snapchat-releases-first-hardware-product-spectacles-1474682719)
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edit: Here is a preview from their youtube.
https://www.youtube.com/watch?v=XqkOFLBSJR8 (https://www.youtube.com/watch?v=XqkOFLBSJR8)
The article is in much more detail about the company. I'll try and find it without the pain and agony of having to type a few letters. :-*
Worked for me no problem.
Im not buying the glasses.
[laugh] [laugh]
Why does everything need to be video'd?
How can what happens in Vegas, stay in Vegas with this kind of technology?
:-\
It's too late now. Everything's been being videoed for years now. ;)
Even Vegas hookers wear body cams
http://www.huffingtonpost.com/entry/snapchat-ipo_us_57f6999be4b0c1a524cbef85 (http://www.huffingtonpost.com/entry/snapchat-ipo_us_57f6999be4b0c1a524cbef85)
Meh..pretty sure James Bond had one of these in 1962. [cheeky]
http://www.businessinsider.com/snap-to-list-on-nyse-report-2017-1
That whole thing feels like a red flag.
The company lost half a billion dollars last year.
Can anyone explain how that looks like a good investment opportunity?
Quote from: Speeddog on February 03, 2017, 10:35:43 AM
The company lost half a billion dollars last year.
Can anyone explain how that looks like a good investment opportunity?
Tax write off. [thumbsup]
Quote from: Speeddog on February 03, 2017, 10:35:43 AM
The company lost half a billion dollars last year.
Can anyone explain how that looks like a good investment opportunity?
Losing money is the new
black
https://www.theverge.com/2017/5/10/15610094/snap-snapchat-q1-2017-earnings-report-stock-plummets
Thought people would've learned their lesson to avoid no-revenue hyped-up interwebs companies like that after the dot-com bust.
Hey, Amazon is not even profitable.
Not quite. They may only make minimal profits on products sold, but more than make up for it on their web services side of the business.
Amazon has a free cash flow to net income ratio of 6 to 1. Primary growth rate metrics are all above 20% when looking at multiple time periods. Return on Invested Capital is above 25% when looking at multiple time periods. Return on Equity is a bit lower than I like, but is improving lately.
Quote from: Drjones on May 16, 2017, 06:07:57 PM
Not quite. They may only make minimal profits on products sold, but more than make up for it on their web services side of the business.
Amazon has a free cash flow to net income ratio of 6 to 1. Primary growth rate metrics are all above 20% when looking at multiple time periods. Return on Invested Capital is above 25% when looking at multiple time periods. Return on Equity is a bit lower than I like, but is improving lately.
I was just gonna say...
what...are you make the beast with two backsing nuts?
Thanks.
2Q 2017 revenue doubled over 2Q 2016!
2Q 2017 losses quadrupled over 2Q 2016!
Estimates of $3 Billion losses for 2017!
Looking more and more like a company to invest in!
[roll]
[laugh]
Oh Snap!
The DOJ and SEC have subpoenaed Snap (NYSE:SNAP) for information about its March 2017 initial public offering, and the company said it is responding to the requests. The federal inquiries follow an ongoing shareholder lawsuit in which investors allege that Snap misled the public about how competition from Facebook (NASDAQ:FB) Instagram service had affected the company’s growth.
That was a good short trade.
The "in the know" teeenagers stopped using snapchat 6 months ago.
Company is doomed....