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The timing is curious, they signed this dead and added $2B in fixed liabilities on their balance sheet days or weeks before the S1 filing. That they didn't wai
by nikcub 10y ago
The timing is curious, they signed this dead and added $2B in fixed liabilities on their balance sheet days or weeks before the S1 filing.
That they didn't wait until after the IPO suggests Snap may see the partnership as a positive. Could also have been pushed from Google's end as it is a nice way of bragging about a big get but without having to formally announce it, and being associated with a hot IPO that will get a lot of coverage.
- eitally 10y agoOr they could have been running on GCP for a long while and just didn't announce it previously.... (they initially built their product on AppEngine)