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Episode 32: The Snap Inc. IPO

Acquired

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Snapchat's Not a Good Narrative for Snap.

Snapchat has what like a hundred and sixty million active users. Snep has 158 million daily active users. But the important delineation there is that it's basically domestic versus international. They have very, very little adoption in, in other countries. And not only do they not have great adoption, but they're not monetizing well elsewhere anywhere.

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