Techonomy's Kirkpatrick Says Snap Pricing Is 'Crazy'

The transcript discusses Snap's valuation, comparing it to companies like Facebook and LinkedIn. It highlights Snap's unique appeal to millennials and its potential as a major video service. However, concerns about its high valuation and growth expectations are raised. The discussion also touches on the broader tech market trends and the scarcity of consumer tech companies with significant growth potential.

What is the primary reason for skepticism about Snap's valuation?

• It is priced like a company from 1999.

• It is not appealing to millennials.

• It has a low engagement rate.

• It is similar to Facebook.

How does Snap's engagement rate compare to other platforms?

• It is through the roof.

• It is lower than Twitter.

• It is similar to LinkedIn.

• It is declining rapidly.

What is a key challenge for Snap's expansion?

• Reaching older demographics.

• Competing with Instagram.

• Developing new features.

• Reducing advertising costs.

What historical event is Snap's IPO compared to?

• The 2008 financial crisis.

• The 1999 tech boom.

• The 2015 unicorn bubble.

• The 2010 social media surge.

What is the potential role of Snap in the mobile video market?

• A competitor to traditional TV networks.

• A minor player with limited growth.

• A niche platform for business users.

• A de facto video distributor for its generation.