Skip to content

Comment on Snapchat has raised $485M more from 23 investorsparent

Comments

making money is almost never a problem. Everyone says it is and then the said company blows the doors off expectations . Facebook did it with mobile in 2012 when all the experts said it couldn't be done. Mobile engagement is higher than desktop. Look at amazon and how long wall st. has ignored profits. All the company need to do is flip a switch and the money will pour in, and the users won't leave either, despite all the predictions that they should.

Look at amazon and how long wall st. has ignored profits.

Totally different. Amazon has revenue - they just take that revenue and pump it back in. Snapchat etc... doesn't and can't even prove they will have revenue.

Maybe Snapchat should sell that money switch to Twitter. So far, they're only alive by raising more and more money. Same for Splunk, box, and others.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.