[throwayit]

Honestly, the best thing Snap can do to control their destiny is gut headcount by 2/3. If they bring their costs down so they aren't burning cash, they still have a highly engaged user base that is stable with decent advertising revenue. If they aren't burning cash like a wildfire, they can have some time to think strategically to build better user growth and engagement. Spiegel needs a strong COO like Sheryl Sandberg to put realistic controls on expenses.

As it stands now they are basically pulling a Twitter.

[teen]

Maybe they can get the fuck out of Venice

[DrJid]

Why? Is Venice expensive place to run operations?

[teen]

They've helped ruin the neighborhood. Took over so many beach properties, cafes, restaurants etc

[kevinastone]

they did, they're at the Santa Monica airport now.

[wdr1]

SMO was an expansion. They're still in Venice too.

https://www.google.com/maps/search/venice+snap+locations/@33...

http://www.laweekly.com/news/snapchat-leases-more-than-20-pr...