I’ve been really interested in snapchat as of lately.
Their platform is not highly talked about from the older demographic, but the young audience love it.
Meta and other platforms are trying to figure out how to capture the youth, because they are the future…
They are very innovative, I definitely see them popping off in the future.
But here is just my take away on the company as I read their 10K during 2025
– They are primarily making their money through advertising
– They are paying creators much more on this platform, the CEO mentioned he spend half a billion (with a B) funding creators / motivating them to use it
– They are not afraid to invent and test fast
Yet, they do not have a real MOTE
Aside from VR (augmented reality)
This is the only thing I can see taking off for them, but it is a risk, hoping it would take off in the future…
SO it looks like time will only tell.
But I put in a position of 9.40 X 50 shares in my ROTH account.
Which is an account that is for retirement anyways so I am willing to risk it in that account…
What?
I cannot touch it until I’m in like my 60’s anyways.