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snap-marketexpress-in

How Can a Company Once Worth $30B Lose $443M on Just $208M in Revenues? Here’s How

Snap Inc., the parent company of Snapchat, reported late Tuesday that its revenues in the third quarter rose 62% from a year ago, to $208 million, while its net loss more than tripled to $443 million. How?...

snap-ipo-marketexpress-in

There’s a Lot More at Stake in this IPO than Just Toxic Financials

Snap Inc., the parent company of SnapChat, filed for an IPO on Thursday. The filing revealed just how toxic this deal is going to be, not just from a financial point of view – a...