Snap Install, Inc.’s Post

Yesterday, Snap Inc. released their new Spectacles, marking another chapter in the intense gadget war among the worlds largest tech producers, which is always exciting. However, what's even more captivating is the full-on battle now unfolding over the narrative about technology. Is technology evil and does it create isolation? Or does some technology acxtually promote interaction and foster social communities? The fight over this narrative will be truly fascinating to follow in the future. Watch the video to learn more about tomorrow's heroes and villains; according to Snap. #tech #futures #techforgood

Snap shares plunge 30%, reasons? Snap shares plunged 30% after reporting a $248 million loss in Q4 2023, though narrower than expected. The conflict in the Middle East impacted growth by 2%, and recent layoffs signal cost-cutting. Despite reaching 414 million daily active users, concerns persist over Snap's monetization strategy. The company remains optimistic about ad-targeting progress and diversification efforts, including the Snapchat+ subscription program with over 7 million subscribers. The brand campaign, "Less Social Media. More Snapchat," reflects Snap's shift toward private conversations. Challenges come amid industry scrutiny and safety concerns, as highlighted in a recent Senate hearing. #snapchat #stockmarket #financialreport #digitaladvertising #info

I am looking to start a Snap Inc. show! Please share this post or connect me to persons who might help. Got a idea about the trading industry, basically tradefluencer news on snap. I never seen something like this on snap shows before. #snapchatshow #show #trading #snapchat #connections

Another tech earnings around the corner, and Snap gets out ahead of what are presumably disappointing results with a substantial restructuring of its cost base. The aim here is to use the earnings announcement as the starting gun on a new era for the business, rather than the finishing line for an underwhelming period. That's importat for investors, and also for the employees that Snap needs to keep engaged if it's going to be able to achieve the challenging goals that lay ahead. #investorrelations

#onStrategy Snap's Spectacles are a distraction for the company that is losing money I lost count of how many hardware initiatives this company had so far. Do people at Snap understand what are their strengths and weaknesses? I don’t think so… Why spend time, money, and energy to build something that is not in your core skills? This only takes attention from the real problems this company faces. And what are those problems? Well, their CEO, Evan Spiegel, said it in a public letter to its employees: “You may be wondering why, with all of the progress we’ve made in our business over the last year, our share price performance has lagged the overall market. The answer is simple: our advertising business is growing slower than our competitors. The growth of our digital advertising business is one of the most important inputs to our long-term revenue potential, and investors are concerned that we aren’t growing faster. [...] In Q2, even as our upper funnel brand revenue declined by 1%, our lower funnel direct response revenue grew by 16%.” Focus, man! You need to focus! Sources: [1] Spectacles: https://lnkd.in/dYbDE_WY [2] Letter: https://lnkd.in/dVNghPEk Image: Spectacles.com

Snap Inc. has lost -$11 billion since going public, and their market cap is only $17.5 billion. 💸 They’ve had only one profitable quarter since their 2017 IPO. 📉 Revenue has been stagnant since 2022, while gross margins keep declining. Yet instead of bolstering their core business, and serving ads more effectively, management is investing more in hardware with AR Spectacles. If Snap doesn’t address their foundational issues soon, they might run out of resources for any initiatives. Including their core business. For Snap users, have you noticed any improvements in the social experience that could turn this around? Or should leadership rethink their strategy? 🤔

I would like to thank Snap for the financial education over the last year. November 5 2021 I purchased snap stock SNPO and on that same day I also purchased Apple stock AAPL let's just say it's been a day and night difference. I have a lot of friends that work at snap and I truly feel bad for them. I personally do not believe the management team deserves a brunt of the blame. I think their hands were tied by the private equity board members that had that had limited to no CE experience. Snap was a great company when they were in their niche but now they brought on products that demand too much technical support large majority of their dealer base are just not set up to handle these projects. I get a call last week by a one-man show. He's the epitome of a trunk slammer and he was complaining about all the trunk slamers that can buy products like him snap is a self-inflicted gunshot wound Snap does have some great dealers, but they incur huge cost by their dealers that get over their heads on projects that they were sold products too that are withholding payment because the project is not being completed. I will figure out that they don't know how to handle this thing. I'm within five years. They'll start chopping it up and selling it off. The numbers don't lie and the SAAS service that they're hanging their future on will fail it'll have little or no adoption in their dealer base because they don't know how to sell it it will fail. Just take for instance the $500 million they had to bring in a private equity and two lost board seats again. Current interest rates let's just say 8% that roughly $50 million a year in interest alone on the $500 million loan. there's 260 business days that's $200k a day just an interest. I would like them meet the investment bankers they found two companies that have huge challenges and made one great big problem. I hope I am wrong, but the numbers don't lie.

Imagine this: Your company now serves over 750 million daily users. 💪 As you scaled, your in-house, open-source observability solution was becoming way too expensive and time consuming—impacting your engineering teams and your bottom line. 😯 This is the story of Snap Inc. Watch and see how Snap improved their availability and reliability with Chronosphere. Stop by Booth 541 at #GoogleCloudNext to learn more: https://okt.to/2ubmYe

It's been a tough week at Snap with layoffs and a dip in the stock market, but I’m seeing a bright future ahead. Here's why my optimism for Snap Inc. is stronger than ever: Our foundation is rock-solid. Snapchat is more than just a platform; it's a community now over 800 million strong, thriving on genuine human connections. We're the antidote to the traditional social media noise, fostering real interactions. Let's zoom into some of our recent milestones: 📈 Revenue Growth: We've seen a promising +5% YoY increase in Q4, complemented by a robust +15% QoQ. Not to mention, our Snapchat+ subscription business has soared, witnessing a 200% YoY growth, now valued at $249 million. 🌍 Community Growth: Our Monthly Active Users (MAU) have climbed by +8% YoY, surpassing the 800 million mark in Q4. We're on track towards achieving our ambitious goal of 1 billion MAU. 🎥 Content Growth: The total time spent watching Spotlight content surged by over 175%, while influencers on the platform have seen their public stories grow by more than 125% YoY. 👓 Product Innovation: Augmented Reality [AR] is more than a feature; it's a daily experience for over 300 million Snapchatters engaging with AR on Snapchat every day. 💡 Brand Differentiation: At its heart, Snapchat was conceived as the antidote to conventional social media. It's a platform where genuine connections flourish, and we just launched a bullish brand campaign to tell our story. (MoreSnapchat.com). These achievements are not just numbers; they're testaments to our resilience, innovation, and unwavering commitment to our community. The path ahead is bright, and I'm excited about what the future holds for us at Snap. #SnapPride #MoreSnapchat #Innovation #AugmentedReality #SocialMediaRevolution

🎉 Celebrating 3 Years at Snap 🎉 As I reflect on the past three years, I'm still incredibly proud to be part of a team committed to creating positive impact through technology. At Snap Inc., we believe the responsibility to make a difference starts with our own actions - and we're constantly focused on building a platform that promotes well-being, fosters real connections and prioritizes user safety. Despite all the legitimate concerns about the role of social media in society, it's encouraging to see that recent studies show that, unlike traditional social media platforms, Snapchat is associated with positive effects on friendship and no negative effects on well-being or self-esteem. This difference stems from the way people use Snapchat-to connect with real friends, rather than just consume content-making it a space where real connections flourish. Of course, creating a positive environment comes with challenges, and we don't shy away from them. We continue to invest in safety initiatives around the world to ensure that Snapchat remains a safe space for our community. This work is never done, and it will continue to drive me for the next years to come. Being at Snap means being part of a company that puts people first, whether through our innovations in AR and AI or our efforts to create a healthier digital experience. Here's to the next chapter!