Snap’s first earnings report: Will user growth be more Twitter or Facebook?
Snap’s first few months since its IPO have already revealed investors’ brutal lack of confidence in the future of a company that seemed red-hot just one year ago.
The reason is simple. As Snap moved toward its IPO, its user growth deflated at an alarming rate.
With Snap set to report its first earnings as a public company today, investors are going to be asking the following:
Can Snap regain some user growth momentum that puts it on a trajectory similar to Facebook, which someho
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