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[India] What's your NW, age and Total YOE
It claim itself as camera company, but its actually a social network company
Is hard to tell really, first they said they were a "Media company" to differentiate them selves from FB and avoid being categorized as yet another social network. But now they claim to be a "Camera company"? Come on!! Spectacles look cool, but that's the kind of toy you buy for Christmas and get bored after a week. If they don't do some else soon they will soon be both, the next Twitter and the next GoPro.
For a while, Nokia was the biggest camera company in the world (shipped more cameras in feature phones than Canon, Nikon, Sony, Panasonic, Fuji, etc.) but look where they are now. I completely agree that they'll be going the way of Twitter and GoPro.
Both GPRO and TWTR are tumbling now. What's the difference.
Like both, the stock will have an initial peak, then massively crash and people will realize they thought a phone app was worth billions
next eToys
FB went down initially too. Hard to tell which way snap will go.
Even FB went down initially, its biggest social network already, SNAP might be distant third at the moment ...
12B market cap at most...
https://www.google.com/amp/s/www.cnet.com/google-amp/news/snapchat-spectacles-glasses-camera-snap-inc-evan-spiegel/