$16B cap, 347 million daily active users. More cash than debt. Could be approaching a good price for a buyout? š
An app to send nudes canāt be worth more than 1B
Idk. Food, homes, sex. These are fundamentals no?š
not too up to date but they have really good AR tech donāt they? thatās gotta be worth something
Who will do it? Msft?
Why not Meta? Merge Reels and Snap into a single short-form video platform, and let Instagram be it's own thing?
sec won't go for it
347M daily active users ? U out of ur mind?
They went from $6 to $80. They will turnaround once again, buy the dip. Spiegel is a smart guy
10D chess?
what?
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Spiegel too stubborn for that
He also has majority voting shares, it is up to him if he wants to sell