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ROLEXROLEXROLEXROLEXROLEXROLEX
ROLEXROLEXROLEXROLEXROLEXROLEX
13 March 2015, 11:16 PM
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#1 |
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"TRF" Member
Join Date: Oct 2009
Location: USA
Watch: Not enough ;-)
Posts: 21,232
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Snapchat
Sometime ago we had a thread about the guys of Snapchat when they didn't sell for 3 Billion usd to Facebook
Well look at this know . . . . http://lat.ms/1BABER3 Apparently they made a good decision to wait a little bit longer |
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13 March 2015, 11:44 PM
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#2 |
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Banned
Join Date: Oct 2005
Real Name: Gerardo
Location: Here
Watch: ALL of them
Posts: 32,098
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Wow!!!
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13 March 2015, 11:51 PM
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#3 |
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"TRF" Member
Join Date: Oct 2009
Location: Way Up North USA
Watch: Rolexes & Tudors
Posts: 6,361
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So Snapchat is now valued higher than Porsche, Harley-Davidson and Rolls Royce Corporations. It is also twice the market value of the Rolex brand.
Something just doesn't make sense here. |
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14 March 2015, 11:17 AM
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#4 | |
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"TRF" Member
Join Date: Oct 2009
Location: USA
Watch: Not enough ;-)
Posts: 21,232
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14 March 2015, 12:07 PM
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#5 |
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"TRF" Member
Join Date: May 2012
Real Name: Alex
Location: Gotham City
Watch: IG: Mr_Right_NYC
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Come on, seriously??
How can Snapchat be worth 15B?? Just because one company invests in it, doesn't mean it's correct valuation. |
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14 March 2015, 12:23 PM
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#6 | |
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"TRF" Member
Join Date: Oct 2009
Location: USA
Watch: Not enough ;-)
Posts: 21,232
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Quote:
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14 March 2015, 12:27 PM
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#7 |
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"TRF" Member
Join Date: Jan 2011
Real Name: gus
Location: East Coast
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Wow. Great post Marc.
I remember the conversation well. Good for them.
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14 March 2015, 12:38 PM
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#8 |
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"TRF" Member
Join Date: Nov 2009
Real Name: Andreas
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Watch: Smurf
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Very much doubt someone would actually pay up 15B for it.
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Yeah, well, you know, that's just, like, your opinion, man. |
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14 March 2015, 01:01 PM
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#9 |
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"TRF" Member
Join Date: Oct 2009
Location: Way Up North USA
Watch: Rolexes & Tudors
Posts: 6,361
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The market value of Rolex is $7.7 billion. It's a company with a history and a tangible product. Snapchat is code on a programmer's computer in a market where public whims change almost daily. (Just ask Netscape, MySpace, America Online and Palm.) It is unsustainable growth.
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14 March 2015, 01:08 PM
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#10 | |
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"TRF" Member
Join Date: Jan 2011
Real Name: gus
Location: East Coast
Watch: APK & sometimes Y
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Quote:
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14 March 2015, 01:11 PM
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#11 |
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2024 SubLV41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
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Posts: 78,132
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It's amazing the valuations for some of these companies!
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14 March 2015, 01:22 PM
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#12 |
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"TRF" Member
Join Date: Sep 2011
Real Name: Kevin
Location: Somewhere in PA
Watch: All of them...
Posts: 10,355
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And I was upset I did not invent the Pet Rock! Lol! Incredible!
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Patek Philippe Rolex |
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14 March 2015, 09:03 PM
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#13 | |
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2024 SubLV41 Pledge Member
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Quote:
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15 March 2015, 01:07 AM
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#14 |
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Banned
Join Date: Jul 2013
Real Name: Chaz
Location: Cherry Hill, NJ
Posts: 2,721
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Holy cow
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