In 2012, Snapchat launched in the Google Play Store for Android. This saw its user base grow to over 100,000 users. It took a bit of time to get going but it eventually snowballed into the giant it is today - approximately 80 billion USD market cap as we speak!
Facebook was dominant at the time, but wise people observed that Snapchat was able to carve out its own niche and create a new social pipeline.
Sound familiar? Tinybeans have captured the millennial parent demographic and this generation is highly prized.
They are currently building out the platform to be the primary all-encompassing source for everything parenting. If you don’t see the value in that, well, that’s on you.
Don’t count them out yet. For 63 cents and about 30m market cap, you get the acquisition of Red Tricycle (which was valued at $2 a share) and an upcoming nasdaq listing.
TNY Price at posting:
63.5¢ Sentiment: Buy Disclosure: Held
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