Snapchat is trading this morning at a $40 billion valuation. In 2016 revenue was $404 million, and it lost $514.6 million. User growth slowed from 17 percent in Q2 2016 to 3.2 percent in Q4.
There is only one word that applies – mania.
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Location : Port Orange, Florida, United States
I'm an independent investor. I make my living from the returns on my investments and have done so for more than 20 years now. My background is in IT, everything from sysadmin through datacenter manager through hardware and software product management. marketing and development to CTO. Plus a side trip in banking. I sail and fly. -
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