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It's funny that there is a narrative that Instagram killed Snapchat with their stories feature. Snapchat still has something like 383M DAU. That's a massive use
by rcme 3y ago
It's funny that there is a narrative that Instagram killed Snapchat with their stories feature. Snapchat still has something like 383M DAU. That's a massive user base. Instagram Stories definitely blunted Snap's growth, especially with millennials and older.
- deleted 3y ago[deleted]
- runeks 3y agoSnapchat is losing $300M USD every quarter. Unless they find a solution they’ll be gone soon.
- rcme 3y agoFree cash flow is positive though
- disgruntledphd2 3y agoFree cash flow is bullshit for tech companies, because it excludes stock based compensation.
- HDThoreaun 3y agobecause they pay everyone in equity