Snap: Next Twitter At Best
Snap has just had a great Q2 2019. It reported 203 million DAUs, which brings back its YoY% growth to the high-single-digit of 8% after a period without growth.
'Everybody wants to pull dollars away from Google and Facebook': Lessons from the world's largest ad conference
As well as expected themes, such as diversity and purpose the two major digital advertising platforms, Google and Facebook, came under scrutiny from the industry, and direct-to-consumer brands said...
If Facebook and Google don't fix their problems, advertising execs say they could go somewhere else
Ad executives at the annual Cannes Lions festival say Facebook and Google need to do more to clean up the content on their platforms.
If that happens, it may drive the pps right above $20.
They are doing all kinds of preparation for that, including selling Placed to Foursquare. https://twitter.com/koocoinplay/status/1141080089930686464
On Snapchat, Original Series Are Finding Return Viewers
'Endless Summer,' which returns for a second season on June 15, drew 28 million viewers during its fall debut. "Serialized content is working," says Snapchat senior director of content Sean Mills.
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, ...
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.
Cramer: 'I don't even know what to say about Snap — it's that bad'
Snap's stock has tanked more than 50 percent since it's market debut last year.