Appreciate the relentless fighting spirit of Snap. But, as a stock, very short on it. The digital ad model as it is now is being crushed. Snap should not deserve the biggest hit as its ad model relies much less on data/user privacy than FB, but unfortunately, it's a collateral damage and it could be deadly to Snap as it's a way smaller player.
https://www.cnbc.com/2018/10/24/snap-hires-new-chief-business-officer-chief-strategy-officer.html #snap
https://www.cnbc.com/2018/10/24/snap-hires-new-chief-business-officer-chief-strategy-officer.html #snap
Snap poaches new chief business officer from Amazon, where she oversaw ad sales
Snap is adding two executives. Jeremi Gorman will become chief business officer, and was previously head of advertising sales for Amazon. Jared Grusd has been named the new Chief Strategy Officer, ...