Evan kindly step down for the sake of shareholders!

5 ก.ย.

- SNAP has one of the highest concentration of Gen Z who use SNAP on a daily basis.
- C-level leadership is clown at SNAP who have gotten rich by cashing out big time on the expense of shareholders
- Leadership should be ejected for the sake of shareholders, The day Evan steps down, SNAP will fly
- Bulls have defended $7 support one more time. Idk how long will it last but let's ride it

5 ก.ย.

บันทึก

- Weird option activity and SNAP is catching a bid.
- Volume is crazy for SNAP on a red day in the market.
- Earning isn't close either.
- Someone knows something!
- I have decided to ride the momentum on this name who knows it could rocket like RBLX

9 ก.ย.

บันทึก

- SNAP shareholders have been milked like a COW by insiders.
- SNAP demographics heavily tilt Gen Z & Millennials. This should have been the biggest selling point of SNAP Ads so that companies selling could target younger audience and position themselves to cater younger generation be it fashion, food or any other trends.

- SNAP maps feature is also under utilized which could have been so beneficial for local shops to run their ads in certain geography

- But SNAP product team is absolutely clueless, their engineers are good but what's the point if business strategy and product team is just building useless features which can't be monetized?

9 ก.ย.

บันทึก

- SNAP can be 5x the market size than it is now but S team is in comma unfortunately. They don't have drive to succeed.

- SNAP is sitting on a goldmine ( Gen Z most used app apart from tiktok ) but the miners ( employees and S team ) are unwilling to mine for gold.

- utterly disgusted how this company is being run and going down the gutter

9 ก.ย.

บันทึก

- Long awaited sense of urgency by Evan :
newsroom.snap.com/14-year-letter


- Not sure if they even live up to this commitment but owning up is the first step towards delivering what's promised.

14 ก.ย.

บันทึก

- First step towards accountability is also reducing share based compensation at SNAP . It pays a lot in share based compensation in comparison to % of revenue.

- While you can beat the drums that high SBC is required to attract talent from FAANG but doing so especially when SNAP revenue is not even few chump change of FAANG is horrible.


- SNAP needs to fix their product roadmap and business strategy. It's high time for them to reduce Share based comp like many others in the industry like TWLO , LYFT etc and focus on bringing value for the investors