Startup valuation roller coaster tweet offers bleak motivational advice today
Description
Screenshot of a Twitter post from user “Chris Bakke @ChrisJBakke.” The tweet’s text reads: “2014: Snapchat is valued at $13B 2021: Snapchat is valued at $130B 2022: Snapchat is valued at $13B Lesson: give up.” Below the body, Twitter’s timestamp bar shows “23:13 · 20/10/2022 · Twitter Web App,” followed by engagement counts: “671 Retweets 81 Quote Tweets 13,1K Likes.” Standard reply, retweet, and like icons appear in gray, green, and pink respectively. A self-reply from the same account underneath says, “Follow me for more daily motivation.” with small counters “5” and “345.” Visually it replicates the white-background Twitter UI with black text and blue links. Technically, the meme jokes about extreme swings in startup valuations, highlighting 2021’s pandemic-era bubble versus 2022’s market correction, satirizing venture-funded hype cycles and founder morale
Comments
13Comment deleted
Startup valuations are just an eventually consistent distributed system - one investor writes $130B, replicas still show $13B, conflict resolution runs, and boom, everyone’s back to 2014; the only thing with strong consistency is the burn rate
The only thing more volatile than Snapchat's valuation is the emotional state of a senior engineer trying to explain to the board why their microservices architecture needs another complete rewrite after discovering the previous architect stored session state in Redis sorted sets 'for performance reasons.'
Snapchat's valuation trajectory perfectly demonstrates the O(n²) complexity of hype-driven growth followed by the O(1) reality check when the market realizes your DAU growth can't sustain a 10x multiple forever. It's like watching someone refactor their entire architecture to microservices, only to realize their monolith was actually fine - except with billions of dollars and shareholder lawsuits involved. The real lesson isn't 'give up' - it's that sometimes the best architectural decision is admitting you're solving the wrong problem at the wrong scale, but by then you've already convinced everyone you're the next Facebook
Startup valuations are an eventually consistent cache keyed by interest rates - 2021 was the partition, 2022 was the TTL expiring
Snapchat's cap table: the ultimate CAP theorem violation - consistency sacrificed for availability of that $18B baseline
Startup valuations are eventual consistency: ZIRP partition floats you to $130B, consensus snaps you back to $13B - architect your burn rate for the committed state, not the cache
what why did it drop? Comment deleted
because of tiktok? Comment deleted
My question too Comment deleted
1. it was overvalued as fuck 2. the user base declining 3. worldwide recession Comment deleted
At least it didn't yahoo Comment deleted
They just accidentally typed a 0 at the end like Microsoft with the xbox series x halo limited edition in austria Comment deleted
Some Amazon inspiration Comment deleted