Second. At that scale (160M active users [0]) I guess they could easily develop and run their own infrastructure. $2bn just screams 'inefficient implementation

Second. At that scale (160M active users [0]) I guess they could easily develop and run their own infrastructure. $2bn just screams 'inefficient implementation' to me... I could be wrong though. [0] https://techcrunch.com/2017/02/02/snap-ipo/ https://techcrunch.com/2017/02/02/snap-ipo/