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Everything is Up This Year (EP.319)

Animal Spirits Podcast

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Snap's Returns Since the 2017 IPO

Uber went public at a very weird time, but here's Uber's returns by years since 2020. Snap has paid out a total of $8.2 billion and freshly issued stock since this 2017 IPO. The company's market cap today is $16 billion and it has never showed a profit. They invented a literal money printer for themselves.

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