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
Hey I am on Medial • 6m
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
Hope , I can Help yo... • 6m
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
Havish Gupta
Figuring Out • 6m
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
Chamarti Sreekar
Passionate about Pos... • 1m
4 companies will spend over $315 billion on AI this year, that’s more than the market cap of Coca-Cola.
0 replies7 likes
Pulakit Bararia
Building Snippetz an... • 14d
"Your first 100 customers won’t come from ads. They’ll come from people who actually give a damn.
Cold traffic doesn’t care. Early believers do. They’re the ones who vouch for you, spread the word, and give real feedback.
If you can’t sell to them,
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
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12 replies12 likes
Aakash kashyap
Building JalSeva and... • 5m
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