what kind of a mad world do we live in where an app for sending pictures to your friends with a slight twist is worth $1B? That applies to both snapchat and instagram...
What kind of mad world do we live in where a graduate from one of the top universities in the world agrees to take a first job hawking ad space for a fad-of-the-year mobile app?
And some say there is no bubble in start-up world... If someone has any idea what is going on here please explain to me because I do not understand how we have come down to this.
There are 450 million Snapchats sent a day. Their engagement is insane and so is their month over month growth. Snapchat has created a new form of communication that a lot of people enjoy using. If we use other startups as benchmarks (Tumblr, Instagram), the valuation does not seem far-fetched.
That's because you need to build the money train yourself if you want to have one, even if it's guaranteed to fall off a cliff in the long run (like Snapchat).
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what kind of a mad world do we live in where an app for sending pictures to your friends with a slight twist is worth $1B? That applies to both snapchat and instagram...
What kind of mad world do we live in where a graduate from one of the top universities in the world agrees to take a first job hawking ad space for a fad-of-the-year mobile app?
There are plenty of people who graduate from top universities and end up in low-paying sales jobs.
And some say there is no bubble in start-up world... If someone has any idea what is going on here please explain to me because I do not understand how we have come down to this.
There are 450 million Snapchats sent a day. Their engagement is insane and so is their month over month growth. Snapchat has created a new form of communication that a lot of people enjoy using. If we use other startups as benchmarks (Tumblr, Instagram), the valuation does not seem far-fetched.
Do either of them make any money?
I keep feeling like I've shown up to the platform 20 minutes after the money train left...
That's because you need to build the money train yourself if you want to have one, even if it's guaranteed to fall off a cliff in the long run (like Snapchat).
well that's not how trains are supposed to work at all ;_;
... fine. I guess I'll go get my hammer then.