Snap Chat IPO

Snap Chat is going public finally! read this:

http://www.cnbc.com/2017/01/30/snap-to-choose-nyse-for-ipo-source.html

Any inputs?

Snap Chat Premium is apparently the latest/greatest cam girl service. Other than the ever-expanding porn market, I don’t see SC having many opportunities for growth in the streaming message market. I’ll grab a few shares in the IPO and watch try to sell at a high point in less than a year.

Don’t take me too seriously, I don’t really know what I’m doing.

Snapchat reminds me of twitter. It’ll probably do well for the first month or two and then just go downhill from there…

whats snaps moat?

Beautiful surprise!! I remember 5 years ago when Facebook went public I bought some shares and turned out to be a good call. I personally never had a Facebook account or Snap Chat but I cant neglect their popularity and obviously the more users they have the more money is generated to the shareholders. I hope Im not committing a hindsight bias when I expect SC to at least double up in the second year after the initial public offering. All my friends use Snap Chat on the regular and its not hard to see that it became a big part of their lives I even asked a couple of them and they all said SC has been going insanely huge. So I`m trusting my friends on this one and of course due diligence from my end is necessary.

I like your way of coming up to a pre conclusion but what if the stock dips 50% below IPO what will you do to your friends? Haha

Ill take em all out for dinner and dedicate them “Blame it on me” by Akon minus the 14 year old girl story… LOL

LMFAO I knew you were about to throw a good joke I remembered you from last thread you are f****in halarious man… I need friends like you hahaha you know what I’m all in on Snap let the fun begin I love taking decisions after a good joke yes

I know you remember this one too:

You miss 100% of the shots you don’t take.” - Wayne Gretzky

wink

100% with you all the way

who are these guys? trolls don’t communicate with each other. it’s weird.

You call this trolling? Why don’t you give me a good piece of advice instead of wasting a post?

edward has informed me that he is not a troll. all’s right with the world.

FB is a good comparison for snapchat imo. saw this pretty good article a few months back. saw other articles that said 2016 actual ad spending far exceeded expectations. in any case. its still too early for me. estimates are too crazy along with multiples.

https://www.bloomberg.com/gadfly/articles/2016-10-07/snapchat-ipo-5-charts-explaining-why-it-s-worth-25-billion

​​​​​​​http://www.cnbc.com/2017/01/17/snapchat-advertising-spend-by-clients-hit-90-million-in-2016-wpp-ceo-martin-sorrell.html

Get lost!!

Very good articles Neryblop! One of my colleges will send me some more information I will share with you as soon as I receive them

I dont buy the FB/SC comparison. Parents arent going to pick up snap chat, heck most people over 30 wont. Its a niche market and i see a lot more of twitter in this company than FB. Heck instagram is trying to eat their lunch and based on how Zuckerburg has done in the passed I wouldnt bet against them doing exactly that

Facebook was a profitable company that generated positive free cash flow when it IPO’d. Snap is totally different. It is wildly unprofitable (negative 110% adjusted EBITDA margins, which is obscene) and burns a ton of cash. I understand this is popular and a lot of the spending is to support growth. This Facebook stuff is just going to be pushed by iBankers to pump up the valuation. If you don’t care about the difference between black and red, cash burn and cash earn (i.e. stuff that matters to businesses), then go ahead and buy off on this. There is a real business here for sure, but I would feel stupid buying off on the valuation. There will be a lot of non-financial metrics used to justify this valuation b/c you sure as hell can’t get there on the financials.

junk

https://www.bloomberg.com/news/videos/2017-02-02/how-does-snapchat-make-money

I have been reading many articles in the past two days of FB SC comparison. It’s definitely worth a shot.

https://www.google.ca/amp/s/amp.theguardian.com/media/2017/feb/03/is-snapchat-the-new-facebook?client=ms-android-rogers-ca