@lennysan@evanspiegel This seems like a retrofitted thesis to explain the -95% haircut in the market cap, not a real forward-looking vision of the market.
@evanspiegel buy some shares off the open market and make shorts heads spin. À la @elonmusk - and make some short shorts while you’re at it. Start a @Snap merch store.
Ed Elson on the future of $SNAP:
"Snap has literally bet the farm on this thing.
A few words of remembrance for Snap. The stock has fallen more than 90% in the past five years, and to add insult to injury, they have now come out with what might be the ugliest wearable in history.
In addition to weighing five times heavier than a regular pair of glasses and about as heavy as a baseball, the Snap specs were also incredibly expensive to build."
It's easy to go out there and preach about this is $SNAP iPhone moment.
What CEO thinks his product is that good and refuses to buy shares worth less than 8B market cap? Isn't the market over a trillion dollars?
Makes no sense. @evanspiegel doesn't beleive a word he is saying
Evan's burner found.
It's pretty to justify everything as the market and everyone is wrong.
I can guarantee the $SNAP stock will be run into the ground by @evanspiegel.
If the guy beleives in these glasses so much, why has he not bought 1 share w valuation at 1x sales?
Oh wait what?! @evanspiegel liked this post!
Let me reiterate again then Evan, given this has reached you (and you do actually read stuff on the platform):
founders around the world like myself draw mad inspiration from you, for fighting out big games, for never giving up, for that calm energy in the face of BS narratives, & for continuously out-innovating and being true to yourself …
History will be kinder to you.
LONG $SNAP
@LouisAnslow@evanspiegel@evanspiegel believes in Specs so much that him and Bobby constantly sells shares at nearly 1x revenue.
All while he believes he only needs $10M to live off the rest of his life. Must be the supermodel wife forcing the sales?
@LouisAnslow@evanspiegel@evanspiegel on a retweeting spree while investors get hosed again.
Proving my point he is a narcissist. He is finding all the tweets that imply the finance nerds don't understand and how the phone was big back in the day.
Dude can never accept he is wrong. Shareholders=fucked
@evanspiegel@cherie_luo Why doesn't @evanspiegel spin off Specs into a completely different entity and run it into the ground? Let someone else run the app or sell to another player. This is getting dumber and dumber $SNAP
@RandianCapital Steve Jobs was laser focused, assessed new information soberly and pivoted when needed. I’m highly positive on @evanspiegel persistence, but experimentation must meet execution. Specs needs outside investment, long-term hardware superiority and a strategic partner.
@_kejk Lol. If you think Snapchat is a big part of that, you are pretty unaware. Snapchat is primarily just used to communicate with friends. Exactly their issue with adversiters. People open their app often, but do not spend time on it.
Just saying stuff to say stuff
@SnapInvestors Why would Q3 be any different than any other quarter? Even if they turn a profit FINALLY on the core business, @evanspiegel is going to keep investing in Specs. It's basically over for $SNAP. Overall company will never turn a profit
@SecretArjun@Ryanrz Dude, I am the biggest critic of these glasses, but are you really comparing them to the Metaverse and Vision Pro?
You clearly don't even understand anything about the 3 of them