Snap Inc.

Is this a $SNAP problem or an industry problem?
![](https://cdn.commonstock.com/cbb5da98b5414f10f1eb8e860e283f46a7780b42d3340eade054164d4b05654b-949x214.png)

A disappointing news release as a shareholder. Ad dollars drying up. Snap has excelled in figuring out a way to better monetize its user base through its discovery shows and competitive ad landscape, but with brands pulling back their ad spend, Snap suffers. I work in digital media and see it first hand through our usage of the platform. I remain excited about their future as they continue to have significant R&D towards AR/VR and make encouraging strides there, while also maintaining a strong grip on the younger age demos relative to other social platforms...However, holding this from $20s -> sub $10 -> >$80 and now back under $20 again has been an insanely volatile journey. $SNAP has been one of my largest holdings through the ups...and now through the downs.

Jensen Butler

$SNAP Management Warns They Will Miss

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