<story><title>Snap commits $2B over 5 years for Google Cloud infrastructure</title><url>https://techcrunch.com/2017/02/02/snap-commits-2-billion-over-5-years-for-google-cloud-infrastructure/</url></story><parent_chain><item><author>stevenj</author><text>Yes.&lt;p&gt;If anyone wants to bet against them existing, I&amp;#x27;ll take the bet.</text></item><item><author>georgeott</author><text>Will Snap exist in 5 years?</text></item><item><author>hemancuso</author><text>So they hit $400m of revenue in 2016 and have committed to spend at least that much on infrastructure each year for the next 5 years? After all the costs for staffing and everything else they better I hope they achieve amazing growth if they ever intend to profit.</text></item></parent_chain><comment><author>partiallypro</author><text>They&amp;#x27;ll exist, doesn&amp;#x27;t mean they&amp;#x27;ll be relevant, or profitable. If I were asked to bet against the stock, I probably would. Everything about their valuation and IPO smells to high heavens.</text></comment>
<story><title>Snap commits $2B over 5 years for Google Cloud infrastructure</title><url>https://techcrunch.com/2017/02/02/snap-commits-2-billion-over-5-years-for-google-cloud-infrastructure/</url></story><parent_chain><item><author>stevenj</author><text>Yes.&lt;p&gt;If anyone wants to bet against them existing, I&amp;#x27;ll take the bet.</text></item><item><author>georgeott</author><text>Will Snap exist in 5 years?</text></item><item><author>hemancuso</author><text>So they hit $400m of revenue in 2016 and have committed to spend at least that much on infrastructure each year for the next 5 years? After all the costs for staffing and everything else they better I hope they achieve amazing growth if they ever intend to profit.</text></item></parent_chain><comment><author>patrickg_zill</author><text>I would bet that they don&amp;#x27;t end up completing the terms of the Google contract as signed; and that it would be heavily modified by year 3 of the contract.</text></comment>