Comment on Snapchat's Evan Spiegel: ‘We Need to IPO’parentComments−mattmanser11yWell, there's "monetize" and there's "make a profit".There are plenty of critical-mass consumer audience companies that failed to make a profit, some are alive only by leeching off parents, some died.I mean, are the following companies successes or failures?Reddit, Digg, Foursquare, ICQ, Instagram, Youtube, MySpace, Tumblr, Napster, ChatrouletteAnd they're the ones I can think of off the top of my head.One could argue that Snapchat is the epitome of a fad product that should sell to a Yahoo to 'monetize'.
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Well, there's "monetize" and there's "make a profit".
There are plenty of critical-mass consumer audience companies that failed to make a profit, some are alive only by leeching off parents, some died.
I mean, are the following companies successes or failures?
Reddit, Digg, Foursquare, ICQ, Instagram, Youtube, MySpace, Tumblr, Napster, Chatroulette
And they're the ones I can think of off the top of my head.
One could argue that Snapchat is the epitome of a fad product that should sell to a Yahoo to 'monetize'.