Not just a problem for #Snap . The whole user-data-based digital ad model (ironically, snap is less pivoted towards this model than #FB and #Goog ) is under fundamental challenges which are hard to die, if at all. https://www.cnbc.com/2018/10/09/snap-hits-new-all-time-low-after-analyst-sees-cash-raise.html
Snap falls to new low after media analyst says company is 'quickly running out of money'
Snap's list of worries is growing longer: It's strapped for cash and will likely be forced to raise capital as early as mid-2019, according to one Wall Street research firm.