Acquired Episode 32: The Snap Inc. IPO
01:28:52
Snap's IPO: A Pivotal Moment
- Snap's IPO is a pivotal moment, raising questions about its future.
- Will it be a landmark event like Facebook's 2012 IPO or just a fleeting snapshot?
Snap's Product Evolution
- Snap launched Discover, Lenses, Geofilters, Chat, Memories, Ads API, and acquired Bitmoji.
- They also debuted Spectacles, venturing into hardware.
Real-Time Snap IPO Discussion
- Acquired Podcast covers Snap Inc.'s IPO, recorded 21 hours after trading began.
- The hosts aim to provide real-time discussion and analysis of this major tech event.
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Introduction
00:00 • 3min
TIGUS - On Demand Wins
03:00 • 2min
Mg, Mg & Mg 3141
04:48 • 2min
Snapchat Story - Episode 12
06:25 • 4min
Snapchat's IPO and Revenue - What's Next for Snapchat?
09:57 • 3min
Snapchat IPO Pricing
12:41 • 3min
Is There a 10 to 1 Voting Structure in a Stock?
15:30 • 2min
Snapchat CEO, Evan Spiegel, Gets a Bonus of an Additional 3% of the Company
17:30 • 2min
Snapchat Priced Its IPO at $17 a Share
19:48 • 2min
Snap's IPO Price Is $24 Billion Market Cap
21:42 • 5min
Snapchat IPO Review - Is Snapchat a Camera Company?
26:51 • 4min
Is Snap a Camera Company?
31:10 • 2min
Snapchat Is the Full Stack of the Modern Camera.
33:40 • 2min
What TV Has Done That Facebook Has Don't?
35:35 • 2min
Snap's New Vision Is Not What You Think We Are
37:16 • 4min
Is Evan Spiegel a Product Genius?
40:48 • 2min
Snapchat Is Not a Consumer Products Business
43:13 • 2min
Snapchat's Not a Good Narrative for Snap.
45:13 • 2min
Facebook and Instagram Have a Structural Advantage in the Industry and Copy
46:52 • 3min
Is Snapchat Going to Outrun Facebook?
49:53 • 2min
Snapchat's Capital Infusion
51:55 • 2min
The Cost of Revenue in 2016 Was Four Hundred and Fifty Two Million Dollars
53:53 • 2min
Snapchat and Evan and Bobby Are Fundamental Product Geniuses
55:32 • 2min
Is This a Special Company?
57:25 • 2min
Snapchat Is the Next Big Thing
59:38 • 2min
Do You Trust Evan Spiegel?
01:01:27 • 2min
Should Facebook Have Paid $35 Billion for Snapchat?
01:03:07 • 2min
What if Snapchat Buys Twitter?
01:04:45 • 2min
Snapchat and the Right Investors?
01:06:57 • 2min
Snapchat's Next Wave of Waves
01:08:38 • 2min
Is Snapchat Paddling Over Into the AR Wave?
01:10:51 • 3min
Is the IPO a Good Move?
01:14:10 • 5min
What a Crapshoot Seed Stage Investing Is
01:19:22 • 2min
Podcast Podcast Podcast - Podcast Podcast Episode 3 - Bill Simmons
01:21:20 • 3min
The Teagus Podcast
01:24:48 • 2min
Snap! Acquired is live on the scene reporting from the "Super Bowl" of 2017 tech events: Snap Inc's hugely anticipated (and just plain huge) IPO. What does the future hold for this plucky “camera company”? Will Snap's IPO endure as tech's most important picture-frame since the 2012 debut of Facebook, or is it destined to fade as just another snapshot? We debate!
Sponsors:
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Topics covered include:
- Reference to our previous Acquired episode on Snap covering Facebook’s failed attempt to acquire the company in 2013, which goes deep on Snap’s origins and early history
- Snap’s busy years since: launching Discover, Lenses, Geofilters, new Chat, Memories, an ads API, acquiring Bitmoji, and, of course, debuting Spectacles
- The incredible document that is Snap's S-1 filing (read starting from the “BUSINESS” section on p.93)
- Snap Inc’s “unique” voting structure
- Evan Spiegel’s “CEO Award” bonus for successfully completing an IPO: an extra 3.0% of the company worth more than $600M
- Snap’s IPO pricing, first day of trading “pop”, and momentum carried into day two
- Introducing a new show section (for IPOs): Narratives!
- Snap is a “camera company"
- Snap's opportunity is winning television ad dollars
- Snap is a cult of the “product genius”
- Snap has a growth problem… and its name is Instagram (Stories)
- Snap has a cost problem: the (first?) gross margin negative IPO
- Wall Street to Evan: “we trust you… for now"
- Chris Sacca’s biggest email fail of 2012
- …And of course all the classics from the Acquired canon: waves, moats, flywheels, network effects, starting small and more!
The Carve Out:
- Ben: The Bill Simmons Podcast with Ben Thompson
- David: The Art of War, also Evan Spiegel’s Carve Out for 2013 :)