- Nov 17, 2013
- 16,543
- 7,757
Here's what's gonna happen to Snapchat:Anyone have thoughts on the Snap chat IPO
1) It will IPO with some hype a la Twitter's IPO.
2) Spiegel will make lofty goals including VR capabilities. New features will debut and then ultimately falter.
3) Spiegel marries Miranda Kerr. She divorces him in 1-2 years and takes half of everything. Spiegel will sell shares to liquidate as such.
4) Spiegel will continue to increase meetings where feelings are discussed (already happening).
5) Stock price plummets as the Board calls for a change in management team.
6) Twitter buys Snapchat and creates SnapTitty.
7) Hedge fund vultures surround the company as a short play. SpringOwl or Starboard Value will release a 120-page pitchbook detailing the downfall of the company a la Yahoo.
Marissa Mayer becomes CEO of the company, further cementing its death.
Quote me on this.