People working in Snapchat, what's the atmosphere nowadays? Stock seems to have picked up from the bottom of end of last year, no more publicized layoffs. Do you think the future is bright for Snap?
Good time to short
Like Uber in two months
That's true. I will recommend shorting Uber with all the money you have saved. That's a once in a lifetime opportunity.
Always remember: today's graph doesn't represent how the company's doing today or how it's gonna do tomorrow.
Off topic but I really do enjoy Snapchat and I hope it survives. It’s something fresh compared to the cancer that is instagram (I’m sorry Instagram folks). Stay strong snap!!
The layoffs helped bleed out a lot of bad blood. The company needs more. The android redesign has been released and is well received. But there are still plenty of engineering management structure problems. Competition from Insta and Tic Tok has plateaued. Our SVP is basically Spider-Man stopping the tram going off a cliff right now. There is still plenty of room to grow if you know what you’re doing. But imo most people here don’t know what they’re doing.
Jerry hunter? How is he doing a good job if you don’t mind me asking!?
Like others said, still lots of wrong hires at all levels, mis management. I came here making more money than before, but the frustration isn't worth the money. Oh yeah, our svp is really good, but he can't do it all
Jeremi Gorman is going to save this company through the way she’s inspiring positive morale and is whipping our sales and operations teams into shape.
Interested to know how she's doing that?
She grew amazon’s ad sales business from 4B to 10B in 2 yrs and she’s implementing the same tactics she did there here. Complete restructure of the sales org, hiring/promoting the right sales leaders, “rally time” incentives, and just a fresh new energy that we haven’t had in a while.
Future is briiiiiight
I was looking at the Snap conference last week; they seem to be focusing quite a bit on AR and related topics.
It seems to be disappearing faster than the snaps on the app!