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Snap CFO Tim Stone Is Resigning

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Re: Snap CFO Tim Stone Is Resigning

#51

They’re a public company whose income over the last several quarters is consistently near or less than the negative inverse of their revenue. You don’t need an MBA to know that even by bubble standards that ain’t good. They would literally have a more profitable business selling dollar bills for a quarter.

An income cannot be negative

Re: Snap CFO Tim Stone Is Resigning

#52
post #35
post #2

Snap is the living dead now. No users left after boneheaded redesign, all their ads running are promoting their competitors, employees I know are basically pulling the copper wire out of the walls. Abandon ship! Also, will somebody please make a simple private picture app for grown-ups? I'd love to be able to share stuff with my sig other/parents/grandparents - and that's it. I can't recommend SnapChat in the state i…

Funny, in my group of friends (for context 21-24 year olds, NZ) snapchat is used far more than Instagram. The primary appeal of snapchat is we can very easily send disposable ugly unfiltered often funny vids/images to groups of people. Where as Instagram is more of a social media and is just used for casual content consumption onl

My cohort of late 20s kids switched to insta now that it has stories and disappearing chat too

Re: Snap CFO Tim Stone Is Resigning

#53
post #35
post #2

Snap is the living dead now. No users left after boneheaded redesign, all their ads running are promoting their competitors, employees I know are basically pulling the copper wire out of the walls. Abandon ship! Also, will somebody please make a simple private picture app for grown-ups? I'd love to be able to share stuff with my sig other/parents/grandparents - and that's it. I can't recommend SnapChat in the state i…

Funny, in my group of friends (for context 21-24 year olds, NZ) snapchat is used far more than Instagram. The primary appeal of snapchat is we can very easily send disposable ugly unfiltered often funny vids/images to groups of people. Where as Instagram is more of a social media and is just used for casual content consumption onl

Seriously. My friends use it a lot, but even more of my students do. It's rare to find a student who doesn't try to spend the day just snapping candid pictures of others... It's a mess and a half, but they're all over it. Don't see it dying out with that age group anytime soon.

Re: Snap CFO Tim Stone Is Resigning

#54

They’re a public company whose income over the last several quarters is consistently near or less than the negative inverse of their revenue. You don’t need an MBA to know that even by bubble standards that ain’t good. They would literally have a more profitable business selling dollar bills for a quarter.

An income cannot be negative

I think yours is a pretty accurate summary of OP

Re: Snap CFO Tim Stone Is Resigning

#55
post #15

My wife, who is obsessed with clickbait and loves buying nonsense-products from ads, recently quit Snapchat to use Instagram exclusively. That was my signal to double-down on SNAP puts. Straight to the bank!

> My wife, who is obsessed with clickbait and loves buying nonsense-products from ads

Have you ever confronted her about that? Such behavior would be hard for me to tolerate, especially if it meant money out the window.

Re: Snap CFO Tim Stone Is Resigning

#56
post #9
post #6

Earlier quoted context omitted.

I have about 10 family members on an Apple Photos shared album, whatever the latest name is. iCloud, probably. Not cross-platform though, obviously.

I’m pretty sure Apple still lets people consult iCloud photo albums through a website.

Yes - but it's a public site for anyone with the link.

Re: Snap CFO Tim Stone Is Resigning

#57
post #15

My wife, who is obsessed with clickbait and loves buying nonsense-products from ads, recently quit Snapchat to use Instagram exclusively. That was my signal to double-down on SNAP puts. Straight to the bank!

> My wife, who is obsessed with clickbait and loves buying nonsense-products from ads Have you ever confronted her about that? Such behavior would be hard for me to tolerate, especially if it meant money out the window.

I couldnt care less about my SO’s web browsing habits. Maybe I’m different.

Re: Snap CFO Tim Stone Is Resigning

#58
post #28

Is Snap actually dying? I recall there were similar news for Apple, Facebook(debatable on their current state) etc, but they rebounded back up. Maybe this is the time to buy low and make it big (when everyone is doubting them). It'll be interesting to see.

In those cases, the news were backed by the reporter asking all of their friends, who all said FB/Apple/etc are so uncool now.

In Snap’s case, the news is backed by quarterly results and actual facts.

Re: Snap CFO Tim Stone Is Resigning

#59
post #15

My wife, who is obsessed with clickbait and loves buying nonsense-products from ads, recently quit Snapchat to use Instagram exclusively. That was my signal to double-down on SNAP puts. Straight to the bank!

> My wife, who is obsessed with clickbait and loves buying nonsense-products from ads Have you ever confronted her about that? Such behavior would be hard for me to tolerate, especially if it meant money out the window.

If your wife is hot, most guys can put up with a lot of stuff.

Re: Snap CFO Tim Stone Is Resigning

#60

Earlier quoted context omitted.

I use Google photos, primarily because of how friendly it can be cross-platform. It's especially helpful that I can easily build custom albums with just a couple of taps and usher it out to any contact, regardless of whether or not they already have an account set up. Sending invites over text message or any other messaging platform is dead simple. I used to support Apple's shared albums but I haven't been engaged wi…

Mike Elgan wrote a post about this: https://elgan.com/blog/how-to-replace-facebook-with-nicebook Perhaps Google will quietly sunset their Photos product in the next fiscal year...

Hopefully given the launch of Google One, someone inside Google is committed to this product set...
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