4 ms·
I think you might be right. I've long been bullish on Snap, but seeing their user numbers plateau this year has me reconsidering. 2016 was a year when they sho
by skewart 10y ago
I think you might be right. I've long been bullish on Snap, but seeing their user numbers plateau this year has me reconsidering. 2016 was a year when they should have seen exploding growth among new user groups.
Perhaps, a bit like Twitter, there are only so many people out there who want the unique functionality that Snapchat offers.
That said, there are a lot of smart people at Snap, and they seem to have a culture that encourages imagining, and shipping, big changes to their core product. So they may be able to get things back on track.
But if they can't restart the growth engine soon I'll seriously consider shorting their stock.