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Snap Inc SNAP

Snap Inc. is a technology company. Its product, Snapchat, is a visual messaging application that enhances relationships with friends, family, and the world. Snapchat is the Company's core mobile device application and contains five tabs, complemented by additional tools that function outside of the application. Snapchatters can interact with all five, or a subset of those five tabs. Additionally, the Company offers Snapchat+, its subscription product that provides subscribers access to exclusive, experimental, and pre-release features. Snapchat+ offers a range of features from allowing Snapchatters to customize the look and feel of their application, to giving special insights into their friendships. It also offers Snapchat for Web, a browser-based product that brings Snapchats calling and messaging capabilities to the Web. Its advertising products include AR Ads, AR Lenses and Snap Ads. Snap Ads include Single Image or Video Ads, Story Ads, Collection Ads, Dynamic Ads and Commercials.


NYSE:SNAP - Post by User

Bullboard Posts
Post by MJgroweron Jun 29, 2017 10:25am
230 Views
Post# 26418861

SNAP Needs to buy Revenue Generating Companies

SNAP Needs to buy Revenue Generating CompaniesIt's no secret, SNAP needs revenue and bad to grow and keep up with Facebook, etc. One takeover target could be: PEEKS Social (v.peek) is only 8 months old and in their first 4 months are generating revenue (SNAP took 3 years to generate revenue) with an ARPU of $15.00 which is 2.5 times higher than Facebook and 15 times more than SNAP. User base is growing month over month with a bunch of new popular influencers just brought on. CEO just bought $500,000 worth of stock at .90 cents each so you know how confident he is. With such a low float, SNAP would be very smart to take PEEKS out.
Bullboard Posts