> Its user base has now grown for consistently quarter-over-quarter for the past two years. Today, the firm has 950 million users across more than 200 countries

> Its user base has now grown for consistently quarter-over-quarter for the past two years. Today, the firm has 950 million users across more than 200 countries and territories worldwide. This makes it sound like the user base did not grow quarter-over-quarter before that period (or at least had some quarters with no growth). That strikes me as quite surprising — why would they have been losing users? I always assumed they would add new users as kids graduate HS or college and join, but very few people would delete their accounts when they retire. Seems like a recipe for an every-growing user base (even if MAUs stay relatively steady).