Ben Gilbert: uncertainty

Transcript context

…To me, the Snap earnings call is I guess surprising. I mean, these things take time but it’s like “Okay, well, that didn’t really answer the question. We got to wait till the next one.” And the question is, user growth, and can they reignite it. And it picked up a little bit from the last couple of quarters but not enough that it was... Snap has not yet and will need to in the next 6-12 months, it’s likely longer but I don’t think they have that much time. They’re going to need to definitively answer yes or no and how they’re going to reignite user growth. And this is, like we talked about on the episode, I mean just the exact same situation that Facebook was in right after their IPO totally missing mobile, and it will be very interesting to watch. And of course, that was when Facebook acquired Instagram and as of yet, Snap has not made any major internal product announcements or acquisitions along those lines. But I think these next 6-12 months are really when the next few years of Snap are going to be forged. Maybe they’ll ship free AR/VR spectacles to everyone, get everyone on their platform and then... I don’t know. Well, that's one way to use your IPO cash.…

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