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Honestly, the best thing Snap can do to control their destiny is gut headcount by 2/3. If they bring their costs down so they aren't burning cash, they still ha
by throwayit 9y ago
Honestly, the best thing Snap can do to control their destiny is gut headcount by 2/3. If they bring their costs down so they aren't burning cash, they still have a highly engaged user base that is stable with decent advertising revenue. If they aren't burning cash like a wildfire, they can have some time to think strategically to build better user growth and engagement. Spiegel needs a strong COO like Sheryl Sandberg to put realistic controls on expenses.
As it stands now they are basically pulling a Twitter.
- teen 9y agoMaybe they can get the fuck out of Venice
- kevinastone 9y agothey did, they're at the Santa Monica airport now.
- wdr1 9y agoSMO was an expansion. They're still in Venice too. https://www.google.com/maps/search/venice+snap+locations/@33.9902077,-118.4778163,17z/data=!3m1!4b1 https://www.google.com/maps/search/venice+snap+locations/@33... http://www.laweekly.com/news/snapchat-leases-more-than-20-properties-in-venice-beach-according-to-activst-8361067 http://www.laweekly.com/news/snapchat-leases-more-than-20-pr...
- DrJid 9y agoWhy? Is Venice expensive place to run operations?
- teen 9y agoThey've helped ruin the neighborhood. Took over so many beach properties, cafes, restaurants etc