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by maxerickson 997 days ago
They have lots of revenue. They would need to pare back their operating costs quite a bit to break even, and who knows if they can do that without overly impacting revenues.
2 comments

> They would need to pare back their operating costs quite a bit to break even

Their cloud commits from their S-1 is still an all timer for me. Billions of dollars.

Snap consistently has excessive SBC - their stock awards are top in the industry.