Popular does not mean profitable! I feel like the tech industry has confused the... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

symlinkk on July 11, 2017 | parent | context | favorite | on: Snap falls to IPO price

Popular does not mean profitable! I feel like the tech industry has confused the two over and over again.

skinnymuch on July 11, 2017 [–]

Of course. But getting popular is an important part of being a big social media company. Profits of $100M on under $1B in revenue isn't going to help things much for Snap if that's not growing because they don't have enough users.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact