Snapchat is loss making Company 🔥
Snap Inc.'s story is an interesting one. Despite pulling in $4.6 billion in 2023 revenue, mostly from ads, the company is still facing major losses—$1.4 billion, to be exact. They’re spending big on R&D ($1.9 bill
See More
Anonymous 2
Stealth • 4m
Marketing expenses of $1.1 billion? Damn, that’s insane. Maybe they need to understand that no amount of ads can compensate for a lack of compelling features.
Elon musk is very insane and mad type man but make a 207 billion dollars
Did you imagin world richest person one of legend
1 replies4 likes
Nawal
Stealth • 4m
Snapchat is loss making Company 🔥
Snap Inc.'s story is an interesting one. Despite pulling in $4.6 billion in 2023 revenue, mostly from ads, the company is still facing major losses—$1.4 billion, to be exact. They’re spending big on R&D ($1.9 bill
Data mining is such a big business
Just went to a telecom co. for collaboration and amount of information they have about us in totally INSANE
0 replies3 likes
Chamarti Sreekar
Stealth • 12d
4 companies will spend over $315 billion on AI this year, that’s more than the market cap of Coca-Cola.
0 replies7 likes
Havish Gupta
Stealth • 5m
The total claim from the creditors is about $1.5 Billion. I Don't think that creditors would even get 20% of it.
Btw the total funding amount is over $5 Billion
8 replies9 likes
Sanskar
Stealth • 3m
Elon Musk's new AI start up xAI just raised $5 Billion for a valuation of $50 Billion
The Investment came from
1. Qatar Investment Authority
2. Valor Equity Partners
3. Sequoia Capital and
4. Andreessen Horowitz
Total raised amount by xAI = $11 Bil
Based On what I have noticed, Reasons behind shutting down well funded startups: 📉
• Board Members dispute or improper management
• Lack of TAM
• The main point - Non sustainable business model ( most of startups couldn't monetize along with grow
See More
12 replies12 likes
Aakash kashyap
Stealth • 4m
This image shows Google's Q3 2023 earnings, with $76.7 billion in revenue. Key contributors are search, YouTube, Google Play, and Google Cloud, with ad revenue being the largest at $59.6 billion. Google’s net profit is $19.7 billion (26% margin), whi
Major Acquisitions by BlackRock
- Barclays Global Investor (BGI) - Acquired in 2009 for $13.5 billion, including the iShares ETF platform
- Merrill Lynch Investment Management - Acquired in 2006 for $9.7 billion
- eFront - Acquired in 2019 for $1.3
In 3rd quater our start ups raised $3.4 billion which is more than double the amount raised in this same quater last year check out this list of top 30 startups