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Honest question, is this $100M deal even that big for the parties at hand? Will they spend all of this money on making ads or is this the sum that Snap will ac
by serg_chernata 9y ago
Honest question, is this $100M deal even that big for the parties at hand?
Will they spend all of this money on making ads or is this the sum that Snap will actually receive as payment?
- roymurdock 9y agoSnapchat made $150m in revenue last quarter, assuming a straight 4x multiplication that's $600m in yearly revenue. Adding $50m in revenue (nearly 10%) per year over the next 2 years is pretty substantial and you can bet the account director in charge of the TWC account is having a good day.