Snap has a new plan for taking over teens’ lives

Snap is a great little factory for social-media invention, and a lousy business that loses money and executives at a higher rate than any of its peers. Whether it can ultimately remain an independent company hinges on two things: inventing something that others have a harder time copying than they have had to date; and building revenue products that can make the company profitable and entice executives to stay beyond a few months.
At its first-ever partner summit today, Snap sought to turn the