Sounds like a Snap employee trying to rationalize his continued employment at a company that has never been profitable.
If you ask me Snap has a huge hill to climb and I wouldn't risk my livelihood on a company that has not made a single dollar of profit. Think about it: not only do they need to turn a profit, but they also need to be sufficiently profitable to pay off their debt from all of their unprofitable quarters, AND to justify their existence. Companies of the size of Snap don't exist to make $100k/quarter. They need to make millions of dollars per quarter and have a path towards sustained growth. Can they do that with a dick pic sharing app? Probably not...
Apparently better than I thought? Hope this can help. https://www.rooftopslushie.com/request/Snap-Company-Prospects-207
Sounds like a Snap employee trying to rationalize his continued employment at a company that has never been profitable. If you ask me Snap has a huge hill to climb and I wouldn't risk my livelihood on a company that has not made a single dollar of profit. Think about it: not only do they need to turn a profit, but they also need to be sufficiently profitable to pay off their debt from all of their unprofitable quarters, AND to justify their existence. Companies of the size of Snap don't exist to make $100k/quarter. They need to make millions of dollars per quarter and have a path towards sustained growth. Can they do that with a dick pic sharing app? Probably not...
My livelihood > your livelihood