Snap Profits?

Uber
FakeBag

Go to company page Uber

FakeBag
Oct 26, 2018 10 Comments

Most tech companies are built such that they can turn on profits at the flip of a switch.

Tesla. Amazon. Uber. Facebook. Google. Airbnb. etc.

Some companies take the strategy of reinvesting their profits into growth.

Is Snap built this way?

Is Snap losing money trying to grow?

Or is Snap still trying to find revenue streams to support its operating costs?

I guess what I’m asking is... Can Snap survive competing against Facebook for advertisers?

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