Sooo snapchat is rolling out ADS!! IF migme follow
Post# of 2913
Everyone thought snapchat was dead. NOPE! They're about to leverage their user base to allow ecommerce and marketing companies to reach buyers. This is HUGE!
To be honest, migme has a big platform - a huge asset. How many millions of users?
How much money is there in facebook advertising? About 4 billion per year. Yeah.
MIG hasn't used ads yet... YET... and it only makes sense for them to do this in the future. Selling "gifts" to profit as a company, Its not surprising there hasn't been as much growth as they would have liked. I wouldn't buy a non tangible one time gift for anyone either.
HOWEVER, by adding ads, it opens the door for billions in profit. There is a chance that this might go this route.
Its looking like buy and hold to me. It's worth the risk!