They call themselves a "camera company."
Snap Inc. is a camera company.
We believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate.
Our products empower people to express themselves, live in the moment, learn about the world, and have fun together.
We believe that reinventing the camera represents our greatest opportunity to improve the way people live and communicate.
Our products empower people to express themselves, live in the moment, learn about the world, and have fun together.
Most of us probably have encountered them as a company that allows children to take pictures of their parents and make them look stupid -- like this:
They lose a lot of money and seem to have no prospects for making much.
Their new great invention was a brief flash, and hasn't been heard from since. (Snap Spectacles)
SNAP was trading higher just after its IPO.
SNAP has retained a market cap of 25 Billion dollars. It seems to have stabilized around this level.
25 Billion for a company that has a wearable camera that takes 10 second videos, and some filters for pictures you have taken.
**************************
Now, consider a different company.
It not only has technology for these applications, but is beginning mass production on it's tiny projector that makes a portable large display.
- Portable large displays
- Portable large touch screens
- 3D laser scanning Technology (really useful in Robots, self driving cars, and scanning environments for augmented reality applications.)
- Near eye displays for Augmented reality applications
- Projection for heads up displays.
SNAP is over valued here, but is this company worth more than SNAP?
My vote is yes.
If you're in, you're in early.
If you're not in yet, you have a fantastic opportunity.
No comments:
Post a Comment