Acquired

Episode 32: The Snap Inc. IPO

Mar 4, 2017

01:27:44

Creator website

Highlights

AI Chapters

Episode notes

Is Evan Spiegel a Product Genius?

02:25

Snapchat and Evan and Bobby Are Fundamental Product Geniuses

01:53

Should Facebook Have Paid $35 Billion for Snapchat?

01:38

Introduction

3min

TIGUS - On Demand Wins

2min

Mg, Mg & Mg 3141

2min

Snapchat Story - Episode 12

4min

Snapchat's IPO and Revenue - What's Next for Snapchat?

3min

Snapchat IPO Pricing

3min

Is There a 10 to 1 Voting Structure in a Stock?

2min

Snapchat CEO, Evan Spiegel, Gets a Bonus of an Additional 3% of the Company

2min

Snapchat Priced Its IPO at $17 a Share

2min

10.

Snap's IPO Price Is $24 Billion Market Cap

5min

11.

Snapchat IPO Review - Is Snapchat a Camera Company?

4min

12.

Is Snap a Camera Company?

2min

13.

Snapchat Is the Full Stack of the Modern Camera.

2min

14.

What TV Has Done That Facebook Has Don't?

2min

15.

Snap's New Vision Is Not What You Think We Are

4min

16.

Is Evan Spiegel a Product Genius?

2min

17.

Snapchat Is Not a Consumer Products Business

2min

18.

Snapchat's Not a Good Narrative for Snap.

2min

19.

Facebook and Instagram Have a Structural Advantage in the Industry and Copy

3min

20.

Is Snapchat Going to Outrun Facebook?

2min

21.

Snapchat's Capital Infusion

2min

22.

The Cost of Revenue in 2016 Was Four Hundred and Fifty Two Million Dollars

2min

23.

Snapchat and Evan and Bobby Are Fundamental Product Geniuses

2min

24.

Is This a Special Company?

2min

25.

Snapchat Is the Next Big Thing

2min

26.

Do You Trust Evan Spiegel?

2min

27.

Should Facebook Have Paid $35 Billion for Snapchat?

2min

28.

What if Snapchat Buys Twitter?

2min

29.

Snapchat and the Right Investors?

2min

30.

Snapchat's Next Wave of Waves

2min

31.

Is Snapchat Paddling Over Into the AR Wave?

3min

32.

Is the IPO a Good Move?

5min

33.

What a Crapshoot Seed Stage Investing Is

2min

34.

Podcast Podcast Podcast - Podcast Podcast Episode 3 - Bill Simmons

3min

35.

The Teagus Podcast

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!

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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!