Tim Stone is their new CFO. Derek Anderson was the finance head of Amazon Video and now reports to Stone. They hated Seattle and the lack of respect finance gets at Amazon.
As long as we have Wilke we’re ok
Wilke and Jassy are irreplaceable.
Honestly, snapchat is over. Done. Gone.
If you're wondering why, just look at their unusable UI and compare it to instagram. Also, people on insta who want a more personal level of filtering for who sees their posts just make a finsta. There is absolutely no niche that snapchat fills.
Snapchat's UI and product are mediocre, but they have a large active user face, especially young people who use Snap to chat with their friends rather than Facebook. If they can figure out how to monetize that user base and control the fixed server costs, they will be in great shape.
Snapchat is basically smoke and mirrors anyway, sounds like it would be a better fit.