Send News. Want a reply? Read this. More in the FAQ.   News Forum - All Forums - Mobile - PDA - RSS Headlines  RSS Headlines   Twitter  Twitter
Customize
User Settings
Styles:
LAN Parties
Upcoming one-time events:
Chicago, IL 11/17

Regularly scheduled events

User information for .

Real Name .   
Search for:
 
Sort results:   Ascending Descending
Limit results:
 
 
 
Nickname Beamer
Email Concealed by request - Send Mail
ICQ None given.
Description
Homepage None given.
Signed On Jan 9, 2003, 00:22
Total Comments 16291 (Ninja)
User ID 15739
 
User comment history
< Newer [ 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 ] Older >


News Comments > BAFTA Nominees
2. Re: BAFTA Nominees Mar 9, 2017, 15:34 Beamer
 
Wesp5 wrote on Mar 9, 2017, 14:24:
Firewatch nominated as Best Game and Innovative Game? For an enhanced walking simulator?

Steam reviews are "very positive," so it appears there's a genre you don't like and won't respect, which makes you out of touch and not, y'know, the people nominating the game that apparently has universal acclaim amongst gamers.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Out of the Blue
34. Re: Out of the Blue Mar 8, 2017, 11:25 Beamer
 
MajorD wrote on Mar 7, 2017, 13:35:
jdreyer wrote on Mar 7, 2017, 13:04:
MajorD wrote on Mar 7, 2017, 13:01:
jdreyer wrote on Mar 7, 2017, 12:44:
Man, I hope nin is okay. So unlike him to just disappear.


Hhhhhmmmmm....yeah....when was his last post?

2 weeks ago. And no indication that he'd be out for a while. Whatever it was, it was sudden.

Yeah, I hope all is okay. Pray

He's been off Steam for 18 days, too.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Morning Tech Bits
10. Re: Morning Tech Bits Mar 7, 2017, 18:10 Beamer
 
Ryzen is definitely more future proof right now, but I'd wager that, by the time it matters for games, these current processors will be more or less obsolete, anyway.  
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Morning Consolidation
20. Re: Morning Consolidation Mar 7, 2017, 15:16 Beamer
 
Agent-Zero wrote on Mar 7, 2017, 12:11:
Beamer wrote on Mar 7, 2017, 09:57:
VaranDragon wrote on Mar 7, 2017, 04:13:
If you don't have small children, you don't need a Nintendo. If you are a gamer who has to have a Nintendo "because" it's a Nintendo, or it needs to complete your collection of consoles, you are a consumerist idiot straight out of idiocracy.

"Need."

Also, "hey, you have a different system preference than I do, you must be a consumerist idiot. We all know 'real gamers' use PLATFORMIPREFER!"

The new Zelda is considered one of the best open world games ever made, and we know there will be a new Mario Kart and Smash Brothers, which I'll go on record as saying are absolutely the best in-person multiplayer games ever made. I do not own a Switch, haven't owned a Nintendo console since the GC, but man, your opinion is elitist and wrong.

Which, I guess, is standard PCMASTERRACE gibberish. "ANY PLATFORM I DON'T LIKE IS USED EXCLUSIVELY BY IDIOTS! REAL MEN ONLY GAME ONE WAY!"

looks like someone pushed a button.. Bomb

yeh, consumerists are definitely idiots - but you dont have to get upset about it... just go out and buy some more stuff, that will make everything ok

I have no plans to buy a Switch, it's just... this is a place where people debate the merits of a $400 graphics card for a 5% increase in fps vs a $300 one. Judging this shit here seems beyond pointless.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Out of the Blue
59. Re: Out of the Blue Mar 7, 2017, 11:33 Beamer
 
Mr. Tact wrote on Mar 7, 2017, 11:06:
Beamer wrote on Mar 7, 2017, 09:54:
2) Having the absolute worst, most biased, most inaccurate translation of the Bible
Is there a good, accurate translation?

Yeah. Because we're talking translation, not content, haha.

The Bible JWs use intentionally deceives by adding in references to their practices and beliefs not found in the original text.

So, if you think the Bible is bad, theirs is worse.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Morning Consolidation
18. Re: Morning Consolidation Mar 7, 2017, 11:30 Beamer
 
It's your opinion that everyone who buys a Nintendo is an idiot out of idiocracy. That doesn't strike you as a bad opinion?

Lots of people reading for your post will buy it. Do you think they'll hardly game on it? Nin is always a big Nintendo fan, do you think he's a consumerist idiot?

Or do you just think you're smarter than everyone simply because you don't like Zelda?
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Morning Consolidation
16. Re: Morning Consolidation Mar 7, 2017, 09:57 Beamer
 
VaranDragon wrote on Mar 7, 2017, 04:13:
If you don't have small children, you don't need a Nintendo. If you are a gamer who has to have a Nintendo "because" it's a Nintendo, or it needs to complete your collection of consoles, you are a consumerist idiot straight out of idiocracy.

"Need."

Also, "hey, you have a different system preference than I do, you must be a consumerist idiot. We all know 'real gamers' use PLATFORMIPREFER!"

The new Zelda is considered one of the best open world games ever made, and we know there will be a new Mario Kart and Smash Brothers, which I'll go on record as saying are absolutely the best in-person multiplayer games ever made. I do not own a Switch, haven't owned a Nintendo console since the GC, but man, your opinion is elitist and wrong.

Which, I guess, is standard PCMASTERRACE gibberish. "ANY PLATFORM I DON'T LIKE IS USED EXCLUSIVELY BY IDIOTS! REAL MEN ONLY GAME ONE WAY!"
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Out of the Blue
57. Re: Out of the Blue Mar 7, 2017, 09:54 Beamer
 
RedEye9 wrote on Mar 7, 2017, 09:20:
PHJF wrote on Mar 7, 2017, 07:38:
His is a religion of proselytization, which is the absolute worst kind. He thinks he's doing good by his deity trying to convert The Internet to his nonsensical view, probably so he can get more virgins after death. That's Christianity, right?
I thought it was a cross between mormons and scientologists, except with less celebrities, smattered with Jim Jones "Disciples of Christ" and a liberal sprinkling of Heavens Gate. And that's all I'll say on that matter.

He's a Jehovah's Witness, right? They're famous for two things:

1) Going door to door trying to ask if you've heard the good word, which I think they do less now that we have more guns (which you'd think pro-gun advocates would bring up far more often, as we all agree this is a good thing)

2) Having the absolute worst, most biased, most inaccurate translation of the Bible
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Evening Safety Dance
4. Re: Evening Safety Dance Mar 6, 2017, 22:10 Beamer
 
Task wrote on Mar 6, 2017, 22:03:
The easiest thing to do cutter is simply not click on the link.

Aren't you one of our resident "Big Guvment gonna take r rightz!" guys? Shouldn't you be angrier at new TSA procedures than a tech blog over exaggerating about them?

That's right, like Cutter, you care most about what inconveniences you. You are right, though, that it's fun that this is the link Cutter finally clicks on
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Evening Safety Dance
3. Re: Evening Safety Dance Mar 6, 2017, 22:08 Beamer
 
Cutter wrote on Mar 6, 2017, 21:48:
Fuck Boingboing and the assholes who live there. Jesus Christ, they'd all drop dead if they didn't have things to constantly piss and moan about. And it's all bullshit simply so they can piss and moan.

The day the TSA started letting its best-connected, wealthiest fliers buy their way out of the normal screening procedure, it was an iron-clad certainty that the way everyone else gets treated would get worse, and worse, and worse.

Gee, the rich get special privileges? Hrmm, let's see if that's true. Oh wait! It's not...as usual. You know what the pre-check fee is to avoid the hassle? $85...for 5 fucking years. Seventeen fucking freedom dollars per year, or .05 cents per day. Yeah, I can see where only people like Bill Gates could afford this! Blue, you really need to stop posting stories from that fucking rag.


Ok, that makes sense if you look at it per day. But does looking at it per day make sense?

Not really. The average American flies less than once per year. In other words, the average American flies twice during that time. A truly poor American probably only flies once (~20% of American adults have never flown.)

So now it's $85 for 1 or 2 flights. For a lot of people just visiting family, that's 10% to 20% more per flight. Keep in mind, too, in rural areas, a TSA Pre location may be over an hour away.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Morning Safety Dance
15. Re: Morning Safety Dance Mar 6, 2017, 20:12 Beamer
 
Realmk wrote on Mar 6, 2017, 18:45:
jdreyer wrote on Mar 6, 2017, 13:14:
BobBob wrote on Mar 6, 2017, 12:41:
They're just following in the footsteps of the cummander-in-chief. Blank

You spelt it rong.

Your side lost get over it. For all the whining over the last 8 years of how much Obozo the Clown was obstructed from saving the world, its quite telling to see the shoe on the other foot now drop as we watch both the left and many in the GOP obstruct the first president since Reagan who actually loves America, we get it, liberals hate America. Boo hoo deal with it, your dreams of the UN running the world have been postponed.

You don't have a single non-political post. I'm certain this isn't your first name here, and certain there are better places for your conspiracy theories and sad little quips like "Obozo."
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Out of the Blue
21. Re: Out of the Blue Mar 6, 2017, 15:57 Beamer
 
BobBob wrote on Mar 6, 2017, 15:51:
Beamer wrote on Mar 6, 2017, 15:46:
kxmode has been here for 14 years. Only in the past 6 months has he become extremely prominent, in part by constantly arguing (albeit good-naturedly), with almost anything anyone posts. In the past 3 months, he's been posting almost exclusively about the Bible, while swearing he wouldn't post about the Bible.

What gives?

In general, are you finding that people are more openly preachy lately This might explain it.

Whoa, high res. How does one's hair go in so many different directions, with so many different layers?
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Out of the Blue
19. Re: Out of the Blue Mar 6, 2017, 15:46 Beamer
 
kxmode has been here for 14 years. Only in the past 6 months has he become extremely prominent, in part by constantly arguing (albeit good-naturedly), with almost anything anyone posts. In the past 3 months, he's been posting almost exclusively about the Bible, while swearing he wouldn't post about the Bible.

What gives?
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Game Reviews
12. Re: Game Reviews Mar 5, 2017, 16:03 Beamer
 
Creston wrote on Mar 4, 2017, 21:33:
Oh, and as for this "review":

I never played Planescape: Torment (which came out in 1999), and had only vaguely heard of it recently when a Kickstarter campaign funded this thematic successor

I really donít know what to make of Torment: Tides of Numenera (T:ToN). It has more reading than a text adventure, more multiple choice questions than an SAT exam, has more baffling machinery and doodads lying around than Myst, and what feels like more meandering and backtracking than a Family Circus comic strip.

Yeah, maybe you could have spent five minutes learning what Planescape Torment was, so you wouldn't be so confused by a SUCCESSOR to that game? Imbecile.

Given that PT didn't sell all that well, I don't think you can count on most people interested in T:ToN to have played it, so the perspective of a reviewer that hasn't is a useful one.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Evening Metaverse
34. Re: Evening Metaverse Mar 5, 2017, 13:54 Beamer
 
eRe4s3r wrote on Mar 4, 2017, 19:36:
Beamer wrote on Mar 4, 2017, 17:35:
eRe4s3r wrote on Mar 4, 2017, 15:42:
Beamer wrote on Mar 4, 2017, 10:14:
eRe4s3r wrote on Mar 3, 2017, 16:08:
Beamer wrote on Mar 3, 2017, 11:47:
eRe4s3r wrote on Mar 3, 2017, 11:32:
Beamer wrote on Mar 3, 2017, 09:54:
eRe4s3r wrote on Mar 2, 2017, 21:12:
Creston wrote on Mar 2, 2017, 20:18:
30 Billion... Has Snapchat ever actually earned a profit?

Would it surprise you to hear that, to date, this company has not made a single $ profit? Has no monetization idea, and has no idea how to ever actually turn a profit?



As I've mentioned here before, they have lots of monetization ideas. My company works with them regularly. Regularly. We paid them millions of dollars in 2016, and our 3 year budget with them ramps up quickly. Can they get to break-even? Who knows?

Cutter is the most out of touch with reality I think we'll ever have here, but almost everyone here is out of touch with what people under 30 do with their time. They do not watch broadcast TV. Pretty much ever. But they spend enormous amounts of time on Snapchat, and they spend far more time watching Stories than watching TV. So where do you think companies that want to reach 18-34 year olds are putting their budget? Normal TV commercials, or the places Snapchat has embedded advertising?

In that case, good for you, but not good for shareholders

$514m loss 2016
"warns it may never be profitable"

The only value this company has, literally, is as an advertising platform for companies like yours..... which is, in case you are not aware, not a business concept that leads to profits for shareholders. So this IPO is completely overblown, good for whoever got in and sold instantly. Bad for anyone sticking with it.

Ok, so first, Facebook seems to be doing quite well as an advertising platform.

Secondly, do you know what's great about the internet? The place that advertises can also be the place that sells. And, once you enter retail, you can start seeing profit. Having a "click to buy now" button is the next wave for companies like this.

Keep in mind, they said they may never be profitable due to heavy investing. What company could that possibly remind me of. An industry darling that's virtually obliterated brick and mortar retail in the US, that went almost 20 years without a profitable quarter, and whose stock has been skyrocketing... I wonder what company that could be, that doesn't see profitability because it keeps investing in itself...

You telling me that a diary/image group messenger is to you same as Facebook and Amazon, when I tell you that to me, this is comparable to MySpace and Geocities. Once the generation that uses it right now stops using it it's gonna be dead and replaced by something with less "corporate bullshit" aka "advertisement" in it. Maybe you are right and it will be a good investment, but it just seems like a super risky and extremely overvalued stock price. More a sign that too much cheap money is in the market than a sign of real economic prospect.

No, I'm not saying it's "the same," I'm telling you it's comparable. And it could be replaced, but we've been saying Facebook will be replaced for 10 years now, and it just keeps growing bigger.

You think profits are what Wall Street cares about, which means you're not overly savvy about investing. Growth is also very important. Again, this is why Amazon surged despite not being profitable - it was growing. It could have been profitable, but it chose to keep investing in growth. This is what Snap does. VCs, and now shareholders, are willing to "lend" it half a million dollars if it can turn that into 2 billion of additional value.

It's hard to have this discussion when you keep changing your argument. First it was you misunderstanding what "never be profitable" means, insinuating it means it doesn't have the revenue, not that it's heavily investing, then it comes back to you thinking the userbase will leave. Which may happen. But Instagram, Snap, WhatsApp, etc., have kept rising for years now. The days of rapid exoduses have mostly left us. Doesn't mean it can't happen, but Myspace was very early in the social network game, and things shift rapidly very early. We're no longer very early, and things change much more slowly. Dozens of networks have tried to knock Facebook down, and they've all died trying. Google has done, what, 3? Ello launched claiming to be all about privacy and not corporations. Where are all those networks now? Yet, when FB had its IPO, everyone said it was the end of FB and something new would quickly supplant it, something less corporate.

Doesn't seem to have happened or be happening, eh?

Sure doesn't seem to be happening yet... so you are saying investors would put value on a stock that could eventually lead to profits, even if no (10year) plan exists to make that reality? How long do they plan on holding this stock? And what happens when we get another economic crash?

Again, profit isn't what matters, it's growth. They don't care when profits come so long as it's growing so quickly.

And it does seem to be happening. Why do you think the IPO did so well? Do you understand how IPOs work? Regular investors can't get in on them, only institutional investors. In other words, professionals. They're the ones that set it so high.

It never fails around here, though. A new technology comes up, and half this place whines about how stupid it is because they refuse to understand it. It isn't the poster that's wrong, it's the children. The children are wrong! And, of course, the investment banks and the VCs that have very detailed insight into the growth performance, the investments. Clearly eRaSeR knows the performance of Snap better than them.

Don't be Cutter.

Gee, way to be a flippant Cutter as negative example My question was meant honest, beyond this news I know nothing of this IPO, what I quoted to Creston was stuff that this article brought up... In fact the only reason I am even replying to you at this point is that I do not understand how Investors plan to make their money back on this. In your companies case I understand the concept, but not from an investors standpoint. Because the growth you talk about is ad-related. That means companies buying ads make money, companies producing ads make money. And Snapchat makes money by selling ad-space which it uses directly back to invest in growth ?

Oh. Gotcha. Sorry. It's so easy to get annoyed at people dismissing what they don't understand, and there was a lot of it going around yesterday. And by that, I don't mean investing, I mean something the crazy kids are into.

This place has gone from people in their late teens and early 20s complaining about adults not getting them to people in their late 30s and early 40s complaining about how dumb kids are, without realizing the irony there.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Morning Safety Dance
18. Re: Morning Safety Dance Mar 4, 2017, 23:38 Beamer
 
Quboid wrote on Mar 4, 2017, 18:40:
Beamer wrote on Mar 4, 2017, 17:36:
Quboid wrote on Mar 4, 2017, 15:00:
Do you honestly think that Obama clip is "the same events", i.e. comparable to what Trump and his administration are accused of?

Obama was currently in office. Trump was not. I see that as a huge difference.

For one. I'm trying to figure out what he actually said. Was it:

1) There's an election, I don't want to be distracted
2) There's an election, I want to look tough on you
3) There's an election, the next administration should deal with this according to their mandate. If I win, we can talk.
4) It benefits the US for this to be delayed, so I'm using the election as a "higher authority" gambit.

#2 is the most likely and it is dishonest in that it is misleading the electorate ... in the same way that literally every politician in every political party in every democracy ever does. That's equal to Trump?

I took it as a combination of #2, meaning there's an election and I have to be cautious about how people report things, along with "there's an election, and people will try to stonewall anything I do, but will be more willing to work with me once they know they have 4 more years of me."
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Morning Safety Dance
16. Re: Morning Safety Dance Mar 4, 2017, 17:36 Beamer
 
Quboid wrote on Mar 4, 2017, 15:00:
Retired wrote on Mar 4, 2017, 11:56:
I think the witch hunting on our current president and giving a pass to the previous is not ok. This website is obviously so pro dems that it needs to be pointed out once in a while there is another side, and both are equally guilty.

I didn't start the thread. I pointed something out from the other side, something people have a hard time looking at....

Again, I don't have a side. But those pretending what is going on is NEW or hasn't been done in the last 8 (or many more) years need a reality check.

Both sides are guilty of plenty, but both sides are not equally guilty. Trump and his administration are worse, it only looks like a witch hunt because much of the criticism also applies to you.

Do you honestly think that Obama clip is "the same events", i.e. comparable to what Trump and his administration are accused of?

Obama was currently in office. Trump was not. I see that as a huge difference.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Evening Metaverse
32. Re: Evening Metaverse Mar 4, 2017, 17:35 Beamer
 
eRe4s3r wrote on Mar 4, 2017, 15:42:
Beamer wrote on Mar 4, 2017, 10:14:
eRe4s3r wrote on Mar 3, 2017, 16:08:
Beamer wrote on Mar 3, 2017, 11:47:
eRe4s3r wrote on Mar 3, 2017, 11:32:
Beamer wrote on Mar 3, 2017, 09:54:
eRe4s3r wrote on Mar 2, 2017, 21:12:
Creston wrote on Mar 2, 2017, 20:18:
30 Billion... Has Snapchat ever actually earned a profit?

Would it surprise you to hear that, to date, this company has not made a single $ profit? Has no monetization idea, and has no idea how to ever actually turn a profit?



As I've mentioned here before, they have lots of monetization ideas. My company works with them regularly. Regularly. We paid them millions of dollars in 2016, and our 3 year budget with them ramps up quickly. Can they get to break-even? Who knows?

Cutter is the most out of touch with reality I think we'll ever have here, but almost everyone here is out of touch with what people under 30 do with their time. They do not watch broadcast TV. Pretty much ever. But they spend enormous amounts of time on Snapchat, and they spend far more time watching Stories than watching TV. So where do you think companies that want to reach 18-34 year olds are putting their budget? Normal TV commercials, or the places Snapchat has embedded advertising?

In that case, good for you, but not good for shareholders

$514m loss 2016
"warns it may never be profitable"

The only value this company has, literally, is as an advertising platform for companies like yours..... which is, in case you are not aware, not a business concept that leads to profits for shareholders. So this IPO is completely overblown, good for whoever got in and sold instantly. Bad for anyone sticking with it.

Ok, so first, Facebook seems to be doing quite well as an advertising platform.

Secondly, do you know what's great about the internet? The place that advertises can also be the place that sells. And, once you enter retail, you can start seeing profit. Having a "click to buy now" button is the next wave for companies like this.

Keep in mind, they said they may never be profitable due to heavy investing. What company could that possibly remind me of. An industry darling that's virtually obliterated brick and mortar retail in the US, that went almost 20 years without a profitable quarter, and whose stock has been skyrocketing... I wonder what company that could be, that doesn't see profitability because it keeps investing in itself...

You telling me that a diary/image group messenger is to you same as Facebook and Amazon, when I tell you that to me, this is comparable to MySpace and Geocities. Once the generation that uses it right now stops using it it's gonna be dead and replaced by something with less "corporate bullshit" aka "advertisement" in it. Maybe you are right and it will be a good investment, but it just seems like a super risky and extremely overvalued stock price. More a sign that too much cheap money is in the market than a sign of real economic prospect.

No, I'm not saying it's "the same," I'm telling you it's comparable. And it could be replaced, but we've been saying Facebook will be replaced for 10 years now, and it just keeps growing bigger.

You think profits are what Wall Street cares about, which means you're not overly savvy about investing. Growth is also very important. Again, this is why Amazon surged despite not being profitable - it was growing. It could have been profitable, but it chose to keep investing in growth. This is what Snap does. VCs, and now shareholders, are willing to "lend" it half a million dollars if it can turn that into 2 billion of additional value.

It's hard to have this discussion when you keep changing your argument. First it was you misunderstanding what "never be profitable" means, insinuating it means it doesn't have the revenue, not that it's heavily investing, then it comes back to you thinking the userbase will leave. Which may happen. But Instagram, Snap, WhatsApp, etc., have kept rising for years now. The days of rapid exoduses have mostly left us. Doesn't mean it can't happen, but Myspace was very early in the social network game, and things shift rapidly very early. We're no longer very early, and things change much more slowly. Dozens of networks have tried to knock Facebook down, and they've all died trying. Google has done, what, 3? Ello launched claiming to be all about privacy and not corporations. Where are all those networks now? Yet, when FB had its IPO, everyone said it was the end of FB and something new would quickly supplant it, something less corporate.

Doesn't seem to have happened or be happening, eh?

Sure doesn't seem to be happening yet... so you are saying investors would put value on a stock that could eventually lead to profits, even if no (10year) plan exists to make that reality? How long do they plan on holding this stock? And what happens when we get another economic crash?

Again, profit isn't what matters, it's growth. They don't care when profits come so long as it's growing so quickly.

And it does seem to be happening. Why do you think the IPO did so well? Do you understand how IPOs work? Regular investors can't get in on them, only institutional investors. In other words, professionals. They're the ones that set it so high.

It never fails around here, though. A new technology comes up, and half this place whines about how stupid it is because they refuse to understand it. It isn't the poster that's wrong, it's the children. The children are wrong! And, of course, the investment banks and the VCs that have very detailed insight into the growth performance, the investments. Clearly eRaSeR knows the performance of Snap better than them.

Don't be Cutter.
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Evening Metaverse
30. Re: Evening Metaverse Mar 4, 2017, 10:14 Beamer
 
eRe4s3r wrote on Mar 3, 2017, 16:08:
Beamer wrote on Mar 3, 2017, 11:47:
eRe4s3r wrote on Mar 3, 2017, 11:32:
Beamer wrote on Mar 3, 2017, 09:54:
eRe4s3r wrote on Mar 2, 2017, 21:12:
Creston wrote on Mar 2, 2017, 20:18:
30 Billion... Has Snapchat ever actually earned a profit?

Would it surprise you to hear that, to date, this company has not made a single $ profit? Has no monetization idea, and has no idea how to ever actually turn a profit?



As I've mentioned here before, they have lots of monetization ideas. My company works with them regularly. Regularly. We paid them millions of dollars in 2016, and our 3 year budget with them ramps up quickly. Can they get to break-even? Who knows?

Cutter is the most out of touch with reality I think we'll ever have here, but almost everyone here is out of touch with what people under 30 do with their time. They do not watch broadcast TV. Pretty much ever. But they spend enormous amounts of time on Snapchat, and they spend far more time watching Stories than watching TV. So where do you think companies that want to reach 18-34 year olds are putting their budget? Normal TV commercials, or the places Snapchat has embedded advertising?

In that case, good for you, but not good for shareholders

$514m loss 2016
"warns it may never be profitable"

The only value this company has, literally, is as an advertising platform for companies like yours..... which is, in case you are not aware, not a business concept that leads to profits for shareholders. So this IPO is completely overblown, good for whoever got in and sold instantly. Bad for anyone sticking with it.

Ok, so first, Facebook seems to be doing quite well as an advertising platform.

Secondly, do you know what's great about the internet? The place that advertises can also be the place that sells. And, once you enter retail, you can start seeing profit. Having a "click to buy now" button is the next wave for companies like this.

Keep in mind, they said they may never be profitable due to heavy investing. What company could that possibly remind me of. An industry darling that's virtually obliterated brick and mortar retail in the US, that went almost 20 years without a profitable quarter, and whose stock has been skyrocketing... I wonder what company that could be, that doesn't see profitability because it keeps investing in itself...

You telling me that a diary/image group messenger is to you same as Facebook and Amazon, when I tell you that to me, this is comparable to MySpace and Geocities. Once the generation that uses it right now stops using it it's gonna be dead and replaced by something with less "corporate bullshit" aka "advertisement" in it. Maybe you are right and it will be a good investment, but it just seems like a super risky and extremely overvalued stock price. More a sign that too much cheap money is in the market than a sign of real economic prospect.

No, I'm not saying it's "the same," I'm telling you it's comparable. And it could be replaced, but we've been saying Facebook will be replaced for 10 years now, and it just keeps growing bigger.

You think profits are what Wall Street cares about, which means you're not overly savvy about investing. Growth is also very important. Again, this is why Amazon surged despite not being profitable - it was growing. It could have been profitable, but it chose to keep investing in growth. This is what Snap does. VCs, and now shareholders, are willing to "lend" it half a million dollars if it can turn that into 2 billion of additional value.

It's hard to have this discussion when you keep changing your argument. First it was you misunderstanding what "never be profitable" means, insinuating it means it doesn't have the revenue, not that it's heavily investing, then it comes back to you thinking the userbase will leave. Which may happen. But Instagram, Snap, WhatsApp, etc., have kept rising for years now. The days of rapid exoduses have mostly left us. Doesn't mean it can't happen, but Myspace was very early in the social network game, and things shift rapidly very early. We're no longer very early, and things change much more slowly. Dozens of networks have tried to knock Facebook down, and they've all died trying. Google has done, what, 3? Ello launched claiming to be all about privacy and not corporations. Where are all those networks now? Yet, when FB had its IPO, everyone said it was the end of FB and something new would quickly supplant it, something less corporate.

Doesn't seem to have happened or be happening, eh?
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
News Comments > Morning Tech Bits
4. Re: Morning Tech Bits Mar 3, 2017, 13:02 Beamer
 
DangerDog wrote on Mar 3, 2017, 11:46:
They should completely remove technology from schools up till at least grade 5.

you see these zombie kids glued to tablets and cellphone screens being pushed around in grocery carts everywhere, many of which could use the exercise of actually walking in the grocery store.

You think computers should be banned from schools until grade 5? Kids grew up far better with computers than us because they're in front of them from day 1.

And yes, kids are glued to their tablets and phones while pushed around in grocery carts. When we were kids, we were glued to our comics or action figures. Times haven't changed, you've just become the person yelling at kids to get off your lawn (second reference I've made to that in 2 minutes!)
 
-------------
Music for the discerning:
http://www.deathwishinc.com
http://www.hydrahead.com
http://www.painkillerrecords.com
Reply Quote Edit Delete Report
 
16291 Comments. 815 pages. Viewing page 33.
< Newer [ 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 ] Older >




Blue's News is a participant in Amazon Associates programs
and earns advertising fees by linking to Amazon.



footer

Blue's News logo