Snap.Inc in 2017

Posted on by javayu

Reading: http://go.theinformation.com/zYv9TN3S6Fk

Major unicorns of 2017:

  • Snap.Inc : IPO expected in March, 2017
  • Uber
  • Airbnb
  • Lyft (predict: acquired by waymo)

Snap vs Facebook

Snap has its own advantages over facebook:

  • Growing strongly with a good monetization model. It tries to make profit from existing users, instead of growing user base, as Facebook does.
  • Facebook has a more highly polluted community (by spam and auto-generated contents).
  • Young people prefer snap since Facebook is growing to be more serious.
  • People tend to switch for a more private social network when the current one is too strongly connected.

Facebook is facing serious challenges from Snap.

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