Yes. 1) Declining active user numbers. 2) They have not improved their product since it's inception. 3) They cannot increase the advertising load by much more,

Yes. 1) Declining active user numbers. 2) They have not improved their product since it's inception. 3) They cannot increase the advertising load by much more, so do not expect a big jump in revenue. 4) Lots of engineering talent has left and more is in the process of leaving. Meanwhile, the exodus to instagram and snapchat continues.