Logically Answered

850M Users, $0 ProfitsThe Silent Death Of Snapchat

Snapchat is one of the largest social media platforms in the world, with 450 million daily active users and 850 million monthly active users. But, despite their extraordinary scale, the company is not very profitable. In fact, they’ve only had 2 profitable quarters in their entire history, and these were pretty underwhelming profits as well, coming in at $23 million and $9 million, respectively. For context, Meta profited $62 billion in the most recent 12month period. Some of this has to do with Snapchat’s demographics, which tend to be younger individuals who are less valuable to advertisers. A lot of it, however, has to do with how Snapchat is structured. Unlike other social media platforms, where users spend hours upon hours doomscrolling, Snapchat is more of a platform where you just check in throughout the day. This has made traditional ads far less lucrative than their social media counterparts. This video explains the various factors holding back Snapchat from a financial perspective and why the company isn’t profitable despite nearly a billion active users.

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You Hide It, We See ItGoogle’s $5B Incognito Scandal

We all know that Google and Facebook have had a shady history when it comes to respecting user privacy. As such, it’s probably not all that surprising to hear that Google has been tracking users even when they’re using incognito mode. This, however, hasn’t gone unnoticed. In fact, Google was recently slapped with a $5 billion lawsuit regarding their tracking of incognito users. Google tried to defend this by suggesting that they disclose that certain institutions like ISPs may still be able to track user activity while using incognito, but they never disclosed that this includes Google themselves. This video explores the Google Incognito lawsuit and discusses what this means for the overall tech landscape and the future of privacy.

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Cisco's Founders Stole From Stanford. Ended Up Losing Everything.

Nowadays, stealing other people’s ideas and commercializing them is nothing out of the ordinary within the business world. Facebook was stolen from the Winklevoss twins and Divya Narendra, Apple was stolen from Xerox, and Microsoft was also stolen from Xerox. Given that these companies are some of the largest in the world today, it’s clear that the consequences for stealing ideas isn’t all that high. But, there was one situation in which the founders stealing the idea got a taste of their own medicine. Such was the case with Cisco’s founders Sandy Lerner and Leonard Bosack. This duo stole internal tech that was used at Stanford University to link departments together and commercialized it with Cisco. For several years, Cisco experienced exponential growth and few consequences for their actions. But, eventually, a VC firm came in and aggressively bought out the founders and eventually fired them. The founders would end up selling their remaining stake out of resentment in the early 1990s which gave them a cool $170 million. But, this is nothing in comparison to the hundreds of billions they could’ve earned if they had held onto their stake. This video explains the treacherous founding of Cisco and how Cisco’s founders ended up losing everything.

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Making $100 Billion In 1 Day: The Unexpected Winner Of AI

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How Michael Dell Leveraged His Entire Fortune (& Won)

Did you know that Michael Dell is worth more than Dell itself? That’s right, Michael Dell is currently worth $85 billion while the entire company of Dell is only worth $60 billion. This is quite an impressive feat, being able to surpass the total worth of the main thing that you’re known for. But, this was by no means an easy journey for Michael. In fact, he actually gambled his entire fortune to make it happen. With a net worth of $15 billion, Michael borrowed a total of $70 billion to take Dell private and complete the pricey acquisition of EMC. This not only allowed Michael to transform Dell into an enterprise company but also acquire an extremely valuable asset: VMware. VMware has become the king of virtualization over the past 15 years and Broadcom just acquired the company for $69 billion leading to a massive windfall for Michael. This video tells the story of how Michael Dell gambled his entire fortune and came out victorious.

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People Love Mocking The Metaverse. Mark Is Getting The Last Laugh.

People love mocking the Metaverse for its graphics and lackluster immersion despite Meta having spent tens of billions on the platform, but the reality is that Mark Zuckerberg is getting the final laugh. You see, Zuckerberg has been trying to free Meta from social media for quite some time. In fact, before his obsession with VR, Zuckerberg was trying to build a satellitebased internet service similar to SpaceX’s Starlink. When that idea fell apart though, Zuckerberg switched over to the Metaverse. But, while Zuckerberg is more than willing to bet big on the Metaverse, he’s by no means tied down by the idea either. If he comes across a better avenue of diversification, he’s more than willing to give that a shot as well. Recently, it appears that he has come across one such avenue: generative AI. Meta has been involved with AI research for several years at this point, but since the beginning of this year, they’ve doubled down on their efforts. So, while people laugh at Zuckerberg, he’s constantly looking for the next product to diversify Meta which he will eventually find. This video explains the rise and fall of the Metaverse and Meta’s new focus on AI.

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When You Refuse A Bailout Out Of Pride: Nissan's Likely Bankruptcy

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If You Think That Google Maps Is Free, Think Again

Have you ever wondered how Google Maps makes money? From the user perspective, Google Maps and it’s all of its insane resources whether it be satellite view, street view, or realtime traffic are all completely free to use. But, despite being free to the end user, it turns out that Google Maps actually pulls in quite a bit of revenue. In fact, Google Maps is expected to pull in $11 billion in revenue in 2023 which roughly values the business at $62 billion. You might be inclined to think that Google Maps makes all of their money through sketchy avenues like data collection or privacy invasion but Google Maps’ monetization is actually rather straightforward and ethical. They essentially allow businesses to pay a premium price in order to have custom branding and more visibility on Google Maps. Additionally, they also license out Google Maps through a variety of different avenues from direct map integrations to address autofill. This video tells the story of Google Maps and how Google Maps became a $62 billion business in its own right.

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The $5 Trillion Shadow Company That Owns Silicon ValleySequoia Capital

If you’re familiar with Silicon Valley and the startup world, there’s one name that you’ll hear over and over again: Sequoia Capital. On the surface, they’re just another VC firm, but behind the scenes, they were the architects of Silicon Valley having been in business since the early 1970s. In fact, they’ve funded everyone from Apple and Atari to Stripe, Zoom, and Doordash, and much of the firm’s success can be attributed to the brilliant principles of Don Valentine. One of his top principles is to hire an expert to do a job instead of trying to do it themselves. This is the primary reason that Sequoia has been able to survive for so many decades. They’re constantly hiring younger talent to identify the next generation of companies, so they’re always investing in the right places. They’ve also got experts around the world who specialize in identifying investment opportunities in China and India. This video explains the history of Sequoia Capital and how it became the most wellknown VC firm in the world.

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Amazon's $1 Trillion Empire...Now Just A Front For Temu

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