How mad is leadership right now @ Snap? https://www.thedailybeast.com/this-is-the-data-snapchat-doesnt-want-you-to-see #snapchat #snap
Interestingly didn’t impact stock price (today) much.
More of the great indian coders i hear we need.
I don't think they can fix that exception
Institutional investors, esp pre-IPO, likely already get these numbers. So it doesn’t affect the stock price materially. It’s just fodder for us observers.
Institutional investors are trading based on insider information?
If you needed this data to know it's not wise to bet on Snapchat it's probably already too late for you. Ride it out and hope you get acquired.
Evan would only sell to Apple if Jobs himself made a comeback to negotiate..
I'm sorry about the leak, they always suck. Surprisingly though, SNAP stock is up 3.5% today.
Moral is bad that’s for sure. Success fixes that fast, but that’s not the only way to fix moral.
What're the other ways?
Culture sounds very different from fb.
Free money shorting snap before earnings..
We will see. I have a few puts on the company. The slightest bit of good news could send the stock higher. Lots of people want to keep the bull market in tech going any way possible.
Agreed. But the only sure win, Is to take the report to r/wallstreetbets ask their opinion and then do opposite.
Oopsie
I think mad doesn't describe it, just that it legitimizes the request that we need to be more secret internally. These metrics are shared with a large number of employees every day, and that might not be allowed to happen anymore.
Genuinely sucks. Leaks suck. Sorry to hear it.
It’s not leadership that’s mad. It’s all of us who work so hard to provide for our families, ignore the media constantly rooting for us to fail, only to have one of our own betray us. It’s just sad to see someone so desperate and depressed that they would do this to their own coworkers (I don’t think it will have any significant effect, but it was intended to hurt). Leadership is relatively unaffected - they’ve made their millions/billions already. This was an attack on the junior employees.