I personally think that there is place for another large, ubiquitous social network, apart from Facebook. I have several candidates on my list - Spotify, Snapchat and Pinterest.
Spotify has the largest number of total users of the three. Facebook's popularity is considered by many observers to be declining. If Spotify does not fully displace Facebook, I believe Spotify could easily grow its user base past 500 million all-round users globally. Currently Spotify is valued at approximately 42.5 billion USD by public markets. I forecast Spotify could easily reach 160 billion USD capitalization in the next 3-4 years.
The social networking space is ripe for disruption and Spotify could be one of the main winners. Once Spotify has very many users, it can add many features like news feed, photograph sharing and become a direct competitor to Facebook.
Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn, Facebook etc.) are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".
Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.
Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!
Respectfully yours,
Petar Posledovich
No comments:
Post a Comment