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
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Anonymous 2
Stealth • 2m
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
Inactive
Stealth • 6m
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
Nawal
Stealth • 2m
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
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 • 1m
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
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4 replies4 likes
Aakash kashyap
Stealth • 2m
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
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
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12 replies12 likes
Sandeep Siddi
Stealth • 5m
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
Visa? $32.6 billion—without owning a single bank. Crazy, right?
🎧 Spotify? $14.3 billion—and they don’t own any of the music!
Lyft? $4.4 billion—and guess what? They don’t own any cars.
Airbnb? $9 billion—with zero property of their own.
🍽 Doo