Sounds an awful lot like twitter.
Snapchat is like Apple pre-iPod. Itâs innovative but pretty awful in management. Facebook is like Microsoft during that time. Itâs a well oiled machine, not afraid to copy features, and do them better.
The outcome will likely be the same. Facebook will crush Snap. Time to load up on $FB. The threat of Snap is way overrated.
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Already own FB in retirement and brokerage accounts 
Wow. I expect this to be the next twitter, fitbit, or gopro. It might have a nice gain short-term, since investors are starved for tech IPOs. Ultimately, the growth rate wonât justify the valuation and itâll crash. My guess is within 12 months.
LOL: TrapâŚTrapâŚ
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8 times more than what Mark is willing to pay.
Whoâs SNAPing this up?
I donât buy until after employee lockup at the earliest. Honestly, most recent IPOs have disappointed over the last 2-3 years. I posted symbols of recent IPOs that are lower than 2 years ago in another thread. I think thereâs more of those than there are ones that are higher.
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Have not subscribed to IPO for decades.
Have not bought within 1 year of IPO for decades.
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It is up at 25.18 ! I am inline with your take, never touch this stock. I can rather buy BRKB and sleep well for years !!!
Probably another TWTR. When the price is low enough Trump family will buy it.
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So when would investors leave snap inc in drove?
I donât buy it being a warning for the overall market. Itâs honestly a repeat of twitter. It could be a warning for VC funding. There are a whole lot of unicorns and how many are profitable or even close to it?
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I should have been more aggressive on that one. I didnât want to get too greedy though.
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