Snap: More Twitter Than Facebook
Telecommunications / Global / Mon 06 Feb, 2017
We believe that Snap, which has just filed its IPO, is more likely to be the new Twitter than the new Facebook. Four reasons underpin our view: strong market competition, low prospects for profitability, an unclear business model and weak corporate governance.
Snap has filed an USD3bn Initial Public Offering (IPO), which would make the company