SiN #31 – 8 to 4 to 1
For Q4 2020, Netflix added 8.51 million new subscribers. For Q1 2021, it added just 3.98 million new subscribers as against Wall Street estimates of 6.2 million. It expects to add just 1 million subscribers this quarter!
The Snippets Journal
By Shreesha
Category Business
SiN #30 – $72.7 Billion
Overall, investors put $72.7 billion into seed through technology growth-stage rounds for North American startups in the first quarter of this year, according to Crunchbase. The total is the highest in the history of the dataset.
SiN #28 – 3%
According to Bank of America estimates, Apple’s App Tracking Transparency feature will decrease Facebook’s revenue by only 3% after accounting for the exposure of its ad network business to iOS.
SiN #27 – 10
Elon Musk’s Space venture startup SpaceX launched 4 NASA astronauts via its Falcon 9 rocket and Crew Dragon capsule to ISS last week. With this, SpaceX has launched 10 astronauts into space within the last year.
SiN #26 – 2.8 Million
That is the number of subscribers to HBO Max in the first Quarter of 2020. That is almost 6 times that of Netflix’s for the same period(450,000). That is mainly due to blockbuster films such as Godzilla vs Kong for HBO not…
SiN #24 – 98%
For 2020, Facebook generated a net revenue of $85.96 Billion. Of this, $84.16 Billion(98%) accounts for revenue from ads. With the “App Tracking Transparency” feature in the new IOS update, it is predicted to fall sharply, considering a survey in…
SiN #22 – (22%)
For Q2 2020, Huawei delivered the most smartphones by any company, even beating Samsung. But after the US sanctions, it has been on a downfall. For 2020, the company’s shipments tumbled 22%!
SiN #20 – $11 Billion
That is the amount that Amazon spent on its video and its music streaming content in 2020. It is a 41% increase from $7.8 billion spent in 2019.
SiN #19 – 97%
Indian short video making apps like Josh, Moj, MX Takatak and Roposo have brought back 97% of Tik-Tok user base after the app was banned in India in June 2020.
SiN #16 – $148 Million to $50 Billion
Back in his first letter to shareholders in 1997, Jeff Bezos declared that Amazon was doing $148 Million in revenue. Last week, on his final letter, he noted that just Amazon Web Services had a run-rate of $50 Billion!
