This one is there too.
As Carl mentioned, SNAP is already available
The company is launching a new slate of 12 original, âserializedâ shows for its Discover section â what itâs calling âSnap Originals.â
Think of these shows like a television series, with scripts and storylines that carry through episode by episode. Unlike TV, though, Snapchatâs new shows are filmed for Snapchat â vertically, for your phone, with episodes lasting four or five minutes.
TechCrunch | The Verge | CNN
Snap obviously needs to do something pretty big to stop itâs share price falling further.
The memo that leaked recently about their strategy was pretty interesting, they plan to focus on:
- Making the app the fastest way to communicate
- Focusing more on emerging markets
- Original content
- Making the app easier to use for older people
Will that be enough or is everyone going to be buying Facebook (Instagram) shares when Freetrade launches US stocks instead?
Thatâs unexpected.
I canât see it catching on, well, I canât see it as itâs gonna add many more users. I assume the âPhone Swapâ series is kinda what theyâre going for.
Nobody bought those glasses they did either I think. Whoâd buy them?!
I know, youâd have to be crazy to get some 
I like the new designs!
But seriously, Benedict Evans has written some really interesting stuff about cameras as sensors, the types of innovation theyâll enable in the future & why Snapchat is so into them. My worry for Snap is that they might be ahead of their time here..
Snap is really struggling with their revenue model as currently every customer is costing them 60 cents, so as they expand theyâre doing worse in terms of balance sheet. Itâs to do with their data centres - outsourced completely to Google and Amazon AWS, so theyâre bleeding cash as they grow. Meant they were quick to market but paying for it now!
In a bit of a hole, but theyâre heavily used so itâll be interesting to see how they get on. If they keep dropping surely theyâll become an M&A target for Facebook/Twitter/other???
Also, expanding into emerging markets sounds great, but it will cost them more and will likely get lower add revenue as target market tends to have less spending power.
Does anyone still prefer Snapchat over Instagram stories? I know itâs still enjoys a relatively huge user base in the US but I stopped using it for so many reasons.
- Iâm lazy. Iâd rather have everything on one social media platform. With IGTV I donât bother checking a businessâs Facebook page anymore.
- Itâs easier to find your friends on Instagram. It takes effort to add people on Snapchat, why use it when everyone is already on IG?
- Snapchat is horrifically slow on my phone and the messages donât save automatically, so I donât spend much time on it chatting
- The stories page is so weird and difficult to navigate, they keep changing it too which confuses me. Also the snap map was a disaster when first added
- Personal bugbear but the Snapchat beauty filters look crap on POC faces. Theyâre not flattering. Snow does this so much better with better controls, variety of filters, custom effects, etc. It was already popular in Asia but becoming more widely used in the US
If they donât tackle those issues I donât really see how introducing a TV show will draw people back. Plus a lot of the people who are actually using it donât really have much spending power for the things theyâre hoping to market? Their ads also feel more intrusive because it feels like a more personal platform vs IG, which is filled with ads and fancy pictures anyway
If I was younger I wouldâve had more friends on Snapchat. Itâs a learning curve for an old schooler such as moi but they seem to know what they are doing:
The average number of Snaps created every day grew to more than 3.5 billion this quarter and average time spent per user was over 30 minutes per day. Our revenue growth rate accelerated both quarter-over-quarter and year-over-year to 48 percent, yielding $388 million in total revenue for the quarter.
https://investor.snap.com/~/media/Files/S/Snap-IR/reports-and-presentations/q2-19-prepared-remarks.pdf
(source: twttr @richattbd - analyst)
Full disclose: own shares in $SNAP
Looks like SNAPCHAT is on the rise again!
Really surprised by the TV show move from Snap
Though I am a shareholder, I donât spend much time on it, as most of the people I know are using other messaging platforms. However, it must be âstickyâ and no wonder Facebook copied Snapchatâs features for Instagram and Facebook apps, having failed to acquire $Snap. Canât otherwise explain the rise of users, engagement and this stock chart:
Year-to-date:
$SNAP wants to add $1bn of convertible debt (debt that can be converted to equity) to cover expenses:
- The company, which is the maker of Snapchat, says it wants to use the proceeds to fund capital expenditures, operating expenses, stock repurchases, acquisitions and more.
Fyi this sort of vague language means âwe want to use the proceeds for whateverâ. I think Tesla and others have issued similar instrumentsânot giving up control and probably using favourable market rates to borrow.
That return though -
Up 5% today. Come on, donkey 
, letâs go:
Q3 earnings likely at the end of October: