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Comment by peacetreefrog | Hacker News Reader

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peacetreefrog

It still seems overvalued. What would you rather own?

Snapchat -- which, after dropping 23% today has a market cap of 21.5B.

Or ALL of...

Yelp - 2.21B

GoPro - 1.21B

FitBit - 1.38B

Groupon - 2.01B

Twitter - 13.59B

Sonic - 1.27B

...for a total of 21.67B

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I'd rather own snapchat personally. Think it has more upside than the rest of those combined. Only one close is twitter. You don't buy a company like snapchat for a 20% return, it's 5-10x return or bust.

I would most certainly buy $SNAP over every one of these companies. People don't get it. For everyone between the ages of 13 to 26, Snapchat is their only social network, their only messaging app, their go to camera! That is inherently more value that any of those companies combined.

I don't believe you're correct. I don't know about the lower end of that range, but in the US, the higher end of that range uses Instagram and iMessage heavily as well.

Can't tell if sarcasm -- Snapchat is not the only social network that people from ages 13 to 26 use. Out of all the apps I deleted to study for finals, Facebook's Messenger was not included.

Then, they will try to - let's say - organize an event and will realise Facebook might not be fun, but damn useful to do this kind of stuff. Snapchat is not a social network, it's just a camera app. It's just a feature easily cloned by Facebook, and Facebook will end up winning just because of the network effect they can count on globally, and across nearly all demographics.

Don't buy.

Facebook is big, it's everywhere. That's not cool for teens. Being different is what teens want. This can backfire on snap too if there is something even "cooler".

I will definitely buy some SNAP after they employees sell like crazy in desperation. I am optimistic about future value of SNAP and pessimistic about Facebook

In my area, VSCO is on the up-and-up for picture-sharing

when can Snapchat employees start to sell their stocks?

Where are you getting your data?

Would depend on how much you are going to "invest".

If just punting out and buying a few units, yea why not.

But if you are working towards building a reliable portfolio, I would recommend spreading/indexing your monies.

And Snap is something I would personally not touch, maybe not even with an index, not just yet.

So it's the AOL messenger, ICQ, Myspace, etc of 2017? What makes you so confident that Snapchat has the characteristics of a consolidating social platform like Facebook - in that its current user base will remain loyal to it as they age?

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