Remember how just a mere two months ago the hottest thing on Wall Street was "Snap's" IPO? On Wednesday, Snap's stock tanked after its first earnings report as a public company which showed losses of $2.2 billion in just eight weeks! In that time a bonus to CEO Evan Spiegel helped push his stock-based compensation to a whopping $2 billion. On the earnings call, Spiegel compared his company to Google and Facebook. Yeah, good luck with that you fucktard. Never forget, the IPO frenzy was all about how it targeted the highly prized 18 - 34 demographic. You know, the clowns with no money and massive debts. Unlike the old geezers who are loaded.
Repeat after me... "I will not invest in Snap."
