Discussion

• @levynews Ari Levy on x

  Google: The ad market is showing signs of life Facebook: Ad revenue growth appears to be coming back Amazon: Ads are doing great Snap: We're an AI company https://www.cnbc.com/... https://twitter.com/...

• @karissabe Karissa Bell on x

  interesting, Evan Spiegel says Snap is doing “some early experimentation around monetization” in My AI “including things like sponsored links”

• @teroterotero Tero Kuittinen on x

  TikTok killed America's social media darling https://twitter.com/...

• @eric_seufert Eric Seufert on x

  In other words: could Snap have adapted its ad platform to ATT with the same level of sophistication as Meta demonstrated yesterday, when it appeared to have only started taking ATT seriously in the last few quarters?

• @teroterotero Tero Kuittinen on x

  Snap executives keep looting the company coffers as the company spirals towards delisting and forced sale to Tencent. Just wow. https://twitter.com/...

• @eric_seufert Eric Seufert on x

  $SNAP down 20% in AH on its Q1 2023 print. ARPU down nearly 20% Y/Y, revenue down 7%, DAU up 15%. https://twitter.com/...

• @sarthakgh Sar Haribhakti on x

  Meta pulled in more than 28 times Q1 revenue than Snap did and ~4 times global ARPU

• @carnage4life Dare Obasanjo on x

  $SNAP is down -20% in after hours because despite daily user growth of +15%, revenue is actually down -7% year over year and they expect similar declines in future quarters. Looks like they underestimated impact of Apple's ATT and it's hurting them now. https://www.cnbc.com/...

• @thetranscript_ @thetranscript_ on x

  Snap CEO: “Our community continues to grow, reaching 383M daily active users in Q1, and we are working to deepen engagement with our content platform while building innovative new features and services like My AI” $SNAP: -19.5% AH https://twitter.com/...

• @eric_seufert Eric Seufert on x

  My sense going into the $SNAP print: given that the headwinds all platforms faced were a direct result of ATT, only the platforms that had successfully navigated ATT with technical solutions would see rev improvements. $META is clearly far ahead on this front.

• @saltadogato @saltadogato on x

  $SNAP stock comp is 32% of revenue... https://twitter.com/...

• @compound248 @compound248 on x

  $SNAP call:😳 “Meta has the luxury of walking & chewing gum; I'm not sure you have that luxury.” “Evan, what gives you confidence you can return to robust growth, cause - obviously - the big challenge here is investor confidence in you & the team.” @RichLightShed spitting 🔥. https…

• @rihardjarc Rihard Jarc on x

  $META shareholders need to sign a petition. We want $META to report always before $SNAP. This thing would have taken us down again...