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Ranking top 20 of free apps in US is hardly a barometer of future potential of a company that has never exhibited an ability to return steady profit to sharehol
by psswrd12345 4y ago
Ranking top 20 of free apps in US is hardly a barometer of future potential of a company that has never exhibited an ability to return steady profit to shareholders, and hardly bodes well for their future growth prospects.
- kortilla 4y agoThat has nothing to do with the question “Who uses Snap?”
- psswrd12345 4y agoThis thread is about SNAP's financial results, and SNAP's valuation has long been dependent on future growth prospects. Ranking within the top 20 is not a good sign to that end, especially given how SNAP managed to lose $1.5B in the last year and has not put forward any credible plan on how they might make a sustainable return for shareholders.
- kortilla 4y agoNo, the thread you replied to started with the question I quoted.