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I am a bit confused by the graph of Snapchat's revenue and losses:
They have about 3,000 employees, so that's a loss of a million dollars per employee in one year.
How is that even possible?
https://finance.yahoo.com/quote/SNAP?p=SNAP
snap can join tsla and bitcoin in the race to zero.
mell sayssnap can join tsla and bitcoin in the race to zero.
"You're bitter because you don't understand the technology"
Stock based compensation. If you have worked for snap since 2013 or so, you will be riding that 100k sign on to 10m.
SFace saysStock based compensation. If you have worked for snap since 2013 or so, you will be riding that 100k sign on to 10m.
How can that be, they only had their IPO a year ago?
The largest part is "Selling General and Administrative" which may be mostly the expense for granting stock to employees.
They have about 3,000 employees, so that's a loss of a million dollars per employee in one year.
How is that even possible?
https://finance.yahoo.com/quote/SNAP?p=SNAP