<story><title>Snap’s Rise and Fall: How a Big, Splashy IPO Prompted the Doubters to Keep Mum</title><url>https://www.wsj.com/articles/snaps-rise-and-fall-how-a-big-splashy-ipo-prompted-the-doubters-to-keep-mum-1510249164</url></story><parent_chain><item><author>cft</author><text>That means that FB was probably the last &amp;quot;web&amp;quot; or &amp;quot;app&amp;quot; big IPO. Now it&amp;#x27;s Amazon, Google or Facebook. Even Yelp is withering. Just like it has been impossible to start a new car or airliner manufacturer since the 1920s (except for Tesla), the opportunity for creating new large web companies has been shut by the entrenched trio.</text></item></parent_chain><comment><author>TylerE</author><text>&amp;gt; start a new car or airliner manufacturer since the 1920s (except for Tesla&lt;p&gt;&lt;pre&gt;&lt;code&gt;  Porsche (1931)
  Nissan (1933)
  Volkswagen (1937)
  Toyota (1937)
  Kia (1944)
  Hyundai (1947)
  Honda (1948)
  Land Rover (1948)
  SEAT (1950)
  Lotus (1952)
  Subaru (1953)
  Lamborghini (1963)
  Dozens of Chinese companies in recent years...
&lt;/code&gt;&lt;/pre&gt;
On the aero side:&lt;p&gt;&lt;pre&gt;&lt;code&gt;  Antonov (1946)
  Embraer (1969)
  Airbus (1970)
  Diamond (1981)
  ATR (1981)
  Cirrus (1984)
  Bombardier (1989)
&lt;/code&gt;&lt;/pre&gt;
These lists are very far from inclusive.</text></comment>
<story><title>Snap’s Rise and Fall: How a Big, Splashy IPO Prompted the Doubters to Keep Mum</title><url>https://www.wsj.com/articles/snaps-rise-and-fall-how-a-big-splashy-ipo-prompted-the-doubters-to-keep-mum-1510249164</url></story><parent_chain><item><author>cft</author><text>That means that FB was probably the last &amp;quot;web&amp;quot; or &amp;quot;app&amp;quot; big IPO. Now it&amp;#x27;s Amazon, Google or Facebook. Even Yelp is withering. Just like it has been impossible to start a new car or airliner manufacturer since the 1920s (except for Tesla), the opportunity for creating new large web companies has been shut by the entrenched trio.</text></item></parent_chain><comment><author>ptero</author><text>I do not think it is shut, but new entrants must offer something significantly better (or new and useful) than what is available from big 3. I am not sure what exactly Snaps value was beyond some funny face transforms. If nothing, it is not surprising if it fails once the novelty wears off.</text></comment>