tech

Snap future debated as popular app makes market debut

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© 2017 AFP

©2019 GPlusMedia Inc.

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not sure how this one makes money.

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With NASDAQ at all time record high almost day after day, week after week in past months, and valuation of social media start ups at incredible valuations we are in the madness phase. This is like end 1999, early 2000. """Snap is a great company at the valuation of $500 million,” Global Research Equities analyst Trip Chowdhry said. “It is a total disaster at anything beyond that.”"""" At $20 billion valuation, the Wall Street sweet-talking investment bankers, early angel investors and the firm's founders are "hyena-ing" all the way to the bank.....business as usual institutional investors just blindly buy using our pension money...poor us.

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Probably the greatest hoodwink of the millenia. Investors are such morons!!

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