{"id":2114,"date":"2017-03-03T09:29:11","date_gmt":"2017-03-03T09:29:11","guid":{"rendered":"https:\/\/www.cityfalcon.ai\/blog\/?p=2114"},"modified":"2023-04-18T16:06:57","modified_gmt":"2023-04-18T16:06:57","slug":"snap-ipo","status":"publish","type":"post","link":"https:\/\/www.cityfalcon.ai\/blog\/it\/market-news-analysis\/snap-ipo\/","title":{"rendered":"SNAP IPO \u2013 \u00e8 l'hype che mette in ombra la sostanza"},"content":{"rendered":"

Snapchat termina il suo primo giorno di negoziazione sul NYSE a $24.48, circa 44% in pi\u00f9 rispetto al suo prezzo di $17, con una capitalizzazione di mercato di $28bn, Ok, l'IPO SNAP \u00e8 un'altra mega IPO tecnologica con molte aspettative, ma che ora \u2013 va a nord oa sud da qui? Alcuni suggerimenti:<\/p>\n

1) La crescita della base utenti \u00e8 traballante. La sua base di utenti \u00e8 triplicata da 46 milioni di utenti nel Q1'14 a 122 milioni nel Q1'16. Spaventoso! Ma dopo aver registrato una crescita media di 15 milioni di utenti attivi giornalieri (DAU) per i primi tre trimestri del 2016, ha registrato un misero DAU di 5 milioni per il quarto trimestre del 2016. Elevato effetto sulla base di utenti o aumento della concorrenza? Problema temporaneo o modello di business imperfetto?
\n2) La concorrenza \u00e8 formidabile e il gruppo di et\u00e0 target (adolescenti) fa tendenza. Con l'Instagram di Facebook ricco di risorse che si abbina facilmente alle funzionalit\u00e0 di Snapchat, la sua barriera alla concorrenza \u00e8 decisamente bassa. E se passa di moda?
\n3) La sua struttura dei costi \u00e8 elevata: utilizza lo storage in outsourcing per il quale paga $2bn al cloud di Google in cinque anni. Dato che la potenza di calcolo \u00e8 una parte importante del costo dei ricavi, un modello esternalizzato sar\u00e0 sostenibile o rappresenter\u00e0 un rischio di dipendenza a lungo termine, soprattutto quando Instagram utilizza server di propriet\u00e0 della sua societ\u00e0 madre.
\n4) Valutazione Skyhigh senza diritto di voto. Per ora \u00e8 un grande perdente con perdite che crescono da $373mn nel 2015 a $514mn nel 2016. Ed \u00e8 quotato a un rapporto P\/S di ~60x. \u00c8 davvero troppo per pagare senza profitti sui libri e senza diritti di azionista
\nL'hype oscura la sostanza?<\/p>\n

Segui le notizie su Snapchat qui<\/a><\/p>\n

 <\/p>\n

\u0421\u043e\u0445\u0440\u0430\u043d\u0438\u0442\u044c<\/span><\/p>","protected":false},"excerpt":{"rendered":"

Snapchat termina il suo primo giorno di negoziazione sul NYSE a $24.48, circa 44% in pi\u00f9 rispetto al suo prezzo di $17, con una capitalizzazione di mercato di $28bn, Ok, l'IPO SNAP \u00e8 un'altra mega IPO tecnologica con molte aspettative... Continua a leggere \u2192<\/a><\/p>","protected":false},"author":1,"featured_media":2115,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[210],"tags":[164],"class_list":["post-2114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news-analysis","tag-stock-market-news"],"yoast_head":"\nSNAP IPO: Hype Overshadowing Substance..<\/title>\n<meta name=\"description\" content=\"Snap IPO debuted today. Its stock is trading on the NYSE at $24.48, about 44% higher than its price of $17, at a market cap of $28bn.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/\" \/>\n<meta property=\"og:locale\" content=\"it_IT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SNAP IPO: Hype Overshadowing Substance..\" \/>\n<meta property=\"og:description\" content=\"Snap IPO debuted today. Its stock is trading on the NYSE at $24.48, about 44% higher than its price of $17, at a market cap of $28bn.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/\" \/>\n<meta property=\"og:site_name\" content=\"CityFALCON Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cityfalconfollow\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-03T09:29:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-04-18T16:06:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cityfalcon.com\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"800\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ruzbeh Bacha\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cityfalcon\" \/>\n<meta name=\"twitter:site\" content=\"@cityfalcon\" \/>\n<meta name=\"twitter:label1\" content=\"Scritto da\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ruzbeh Bacha\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tempo di lettura stimato\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minuti\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/\"},\"author\":{\"name\":\"Ruzbeh Bacha\",\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/person\/adaf6e70ee43cd981606acd8ec46cecd\"},\"headline\":\"SNAP IPO \u2013 is the hype overshadowing the substance\",\"datePublished\":\"2017-03-03T09:29:11+00:00\",\"dateModified\":\"2023-04-18T16:06:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/\"},\"wordCount\":277,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg\",\"keywords\":[\"stock market news\"],\"articleSection\":[\"Market News and Analysis\"],\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/\",\"url\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/\",\"name\":\"SNAP IPO: Hype Overshadowing Substance..\",\"isPartOf\":{\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg\",\"datePublished\":\"2017-03-03T09:29:11+00:00\",\"dateModified\":\"2023-04-18T16:06:57+00:00\",\"description\":\"Snap IPO debuted today. Its stock is trading on the NYSE at $24.48, about 44% higher than its price of $17, at a market cap of $28bn.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#breadcrumb\"},\"inLanguage\":\"it-IT\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#primaryimage\",\"url\":\"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg\",\"contentUrl\":\"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg\",\"width\":1280,\"height\":800,\"caption\":\"Snap IPO\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cityfalcon.ai\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"stock market news\",\"item\":\"https:\/\/www.cityfalcon.com\/blog\/tag\/stock-market-news\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"SNAP IPO \u2013 is the hype overshadowing the substance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#website\",\"url\":\"https:\/\/www.cityfalcon.ai\/blog\/\",\"name\":\"CityFALCON Blog\",\"description\":\"Financial News Simplified\",\"publisher\":{\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cityfalcon.ai\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"it-IT\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#organization\",\"name\":\"CityFalcon\",\"url\":\"https:\/\/www.cityfalcon.ai\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2023\/07\/Cityfalcon-Logo.jpeg\",\"contentUrl\":\"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2023\/07\/Cityfalcon-Logo.jpeg\",\"width\":238,\"height\":113,\"caption\":\"CityFalcon\"},\"image\":{\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/cityfalconfollow\/\",\"https:\/\/x.com\/cityfalcon\",\"https:\/\/www.linkedin.com\/company\/cityfalcon\",\"https:\/\/www.youtube.com\/channel\/UCkhcDOZES1LUBHRIAAt7WOA\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/person\/adaf6e70ee43cd981606acd8ec46cecd\",\"name\":\"Ruzbeh Bacha\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"it-IT\",\"@id\":\"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2014\/10\/ruzbeh_photo-150x150.jpg\",\"contentUrl\":\"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2014\/10\/ruzbeh_photo-150x150.jpg\",\"caption\":\"Ruzbeh Bacha\"},\"description\":\"Ruzbeh is the founder and CEO of CityFALCON (www.cityfalcon.ai)\",\"url\":\"https:\/\/www.cityfalcon.ai\/blog\/it\/author\/ruzbehb\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SNAP IPO: Hype Overshadowing Substance..","description":"Snap IPO debuted today. Its stock is trading on the NYSE at $24.48, about 44% higher than its price of $17, at a market cap of $28bn.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/","og_locale":"it_IT","og_type":"article","og_title":"SNAP IPO: Hype Overshadowing Substance..","og_description":"Snap IPO debuted today. Its stock is trading on the NYSE at $24.48, about 44% higher than its price of $17, at a market cap of $28bn.","og_url":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/","og_site_name":"CityFALCON Blog","article_publisher":"https:\/\/www.facebook.com\/cityfalconfollow\/","article_published_time":"2017-03-03T09:29:11+00:00","article_modified_time":"2023-04-18T16:06:57+00:00","og_image":[{"width":1280,"height":800,"url":"https:\/\/www.cityfalcon.com\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg","type":"image\/jpeg"}],"author":"Ruzbeh Bacha","twitter_card":"summary_large_image","twitter_creator":"@cityfalcon","twitter_site":"@cityfalcon","twitter_misc":{"Scritto da":"Ruzbeh Bacha","Tempo di lettura stimato":"2 minuti"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#article","isPartOf":{"@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/"},"author":{"name":"Ruzbeh Bacha","@id":"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/person\/adaf6e70ee43cd981606acd8ec46cecd"},"headline":"SNAP IPO \u2013 is the hype overshadowing the substance","datePublished":"2017-03-03T09:29:11+00:00","dateModified":"2023-04-18T16:06:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/"},"wordCount":277,"commentCount":0,"publisher":{"@id":"https:\/\/www.cityfalcon.ai\/blog\/#organization"},"image":{"@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg","keywords":["stock market news"],"articleSection":["Market News and Analysis"],"inLanguage":"it-IT","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/","url":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/","name":"SNAP IPO: Hype Overshadowing Substance..","isPartOf":{"@id":"https:\/\/www.cityfalcon.ai\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#primaryimage"},"image":{"@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#primaryimage"},"thumbnailUrl":"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg","datePublished":"2017-03-03T09:29:11+00:00","dateModified":"2023-04-18T16:06:57+00:00","description":"Snap IPO debuted today. Its stock is trading on the NYSE at $24.48, about 44% higher than its price of $17, at a market cap of $28bn.","breadcrumb":{"@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#breadcrumb"},"inLanguage":"it-IT","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/"]}]},{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#primaryimage","url":"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg","contentUrl":"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2017\/04\/snapchatty.jpg","width":1280,"height":800,"caption":"Snap IPO"},{"@type":"BreadcrumbList","@id":"https:\/\/www.cityfalcon.com\/blog\/market-news-analysis\/snap-ipo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cityfalcon.ai\/blog\/"},{"@type":"ListItem","position":2,"name":"stock market news","item":"https:\/\/www.cityfalcon.com\/blog\/tag\/stock-market-news\/"},{"@type":"ListItem","position":3,"name":"SNAP IPO \u2013 is the hype overshadowing the substance"}]},{"@type":"WebSite","@id":"https:\/\/www.cityfalcon.ai\/blog\/#website","url":"https:\/\/www.cityfalcon.ai\/blog\/","name":"CityFALCON Blog","description":"Financial News Simplified","publisher":{"@id":"https:\/\/www.cityfalcon.ai\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cityfalcon.ai\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"it-IT"},{"@type":"Organization","@id":"https:\/\/www.cityfalcon.ai\/blog\/#organization","name":"CityFalcon","url":"https:\/\/www.cityfalcon.ai\/blog\/","logo":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2023\/07\/Cityfalcon-Logo.jpeg","contentUrl":"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2023\/07\/Cityfalcon-Logo.jpeg","width":238,"height":113,"caption":"CityFalcon"},"image":{"@id":"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cityfalconfollow\/","https:\/\/x.com\/cityfalcon","https:\/\/www.linkedin.com\/company\/cityfalcon","https:\/\/www.youtube.com\/channel\/UCkhcDOZES1LUBHRIAAt7WOA"]},{"@type":"Person","@id":"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/person\/adaf6e70ee43cd981606acd8ec46cecd","name":"Ruzbeh Bacha","image":{"@type":"ImageObject","inLanguage":"it-IT","@id":"https:\/\/www.cityfalcon.ai\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2014\/10\/ruzbeh_photo-150x150.jpg","contentUrl":"https:\/\/www.cityfalcon.ai\/blog\/wp-content\/uploads\/2014\/10\/ruzbeh_photo-150x150.jpg","caption":"Ruzbeh Bacha"},"description":"Ruzbeh is the founder and CEO of CityFALCON (www.cityfalcon.ai)","url":"https:\/\/www.cityfalcon.ai\/blog\/it\/author\/ruzbehb\/"}]}},"_links":{"self":[{"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/posts\/2114","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/comments?post=2114"}],"version-history":[{"count":3,"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/posts\/2114\/revisions"}],"predecessor-version":[{"id":3545,"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/posts\/2114\/revisions\/3545"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/media\/2115"}],"wp:attachment":[{"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/media?parent=2114"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/categories?post=2114"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cityfalcon.ai\/blog\/it\/wp-json\/wp\/v2\/tags?post=2114"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}