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Snap inc.

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Thread replies: 7
Thread images: 1

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I've a nice pile of cash (100k) thanks to crypto.
Now im looking into new possibilities to reinvest (money makes money)
Im still young (24y), so looking for a nice stable growth (10y maybe)

But I also do like to take risks for maximum returns. Snap inc stock is now at a very low price because of disappointing results so far and strong competition from instagram/facebook.

I think with the booming VR/AR time ahead of us, Snap can turn this around.
Look at the gains of facebook the last 5 years...

What is your take on Snap inc?
and are you looking for other options to reinvest, or keep it al in crypto?
>>
personally i would not put my money anywhere near snapchat

in the world of social media, apps like this can be replaced easily
>>
>>3204483

reasonable advice... no memes... op wasn't called a faggot.. what is happening to biz
>>
>>3204455
Snapchat will die quite soon, instagram has alreaady many more users and snapchat hast lost more than 60% of their daily users
>>
snapchat is a pure play. they have zero profit. enjoy dumping money into a losing firm
>>
>>3204501
Shut up faggot
>>
>>3204455

Don't. Instagram is Facebook and they "borrowed" all of Snap's novelty features. It's dying soon unless they come up with something revolutionary, which they won't. I work in digital marketing and we've been pitched by one of their rep; they can't even come up with reasonable ways to measure their ad performances.
Thread posts: 7
Thread images: 1


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