[mulligan]

> Even after the recent massive dip, Snap's valuation is an order of magnitude greater than Facebook's notorious buyout offer

you need to do the math for both companies. If Snap took the offer and held the FB stock, it would be at the exact same valuation that SNAP is currently at

[ssalazar]

Fair point. Even with the valuations exactly the same, Snap's case demonstrates resilience to "American tech giants making life tough for statups."

[scarface74]

Snap is currently down 70% YTD….

It also isn’t consistently profitable and just announced a profit warning. It’s also being hit by Apple’s Ad Tracking Transparency changes.

[Ferrotin]

But that’s not what you do with the stock.

[mulligan]

hmm, please explain. is the ceo of snap still holding SNAP shares? it is liquid and the ability to sell off or keep is true whether he had FB shares or SNAP shares

[Ferrotin]

The acquisition happens, and you sell the FB shares. It’s not like you’d allocate your portfolio based on how much FB you already have.