Category Archives: Snap

How Snap Just Gave a Middle Finger to its Voteless Shareholders

How Snap Just Gave a Middle Finger to its Voteless Shareholders | Wolf Street https://wolfstreet.com/2017/11/08/snap-gave-middle-finger-to-its-voteless-shareholders-today-after-disclosing-ugly-quarter-yesterday/ Re-posted from Wolf Street. Geoff Geoff Comments: Snap should have been prevented from selling equity positions without voting rights… Then again, let the buyer beware…

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Wall Street demolishes Snap in a brutal round of notes this morning

Wall Street demolishes Snap in a brutal round of notes this morning https://www.cnbc.com/2017/11/08/wall-street-demolishes-snap-in-a-brutal-round-of-notes-this-morning.html Re-posted from CNBC. Geoff Geoff Comments: A Millenniel Dream goes down in a nightmare of myopic management shortcomings, and with no shareholder voice, there seems no way … Continue reading

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How Can a Company Once Worth $30B Lose $443M on Just $208M in Revenues? Here’s How

How Can a Company Once Worth $30B Lose $443M on Just $208M in Revenues? Here’s How | Wolf Street https://wolfstreet.com/2017/11/07/how-can-a-company-once-worth-30b-lose-443m-on-just-208m-in-revenues-heres-how/ Re-posted from Wolf Street. Geoff Geoff Comments: Snap chat, a company driven by Millennial investors rose 58% following the IPO, … Continue reading

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Snap shares wither more as filings show some investors bailing

Snap shares wither more as filings show some investors bailing http://www.reuters.com/article/us-snap-stocks-idUSKCN1AU1JC?feedType=RSS&feedName=topNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FtopNews+%28News+%2F+US+%2F+Top+News%29 Re-posted from Reuters. Geoff Geoff Comments: The investment choice of Millennials, Snapchat, has now turned and will cost the Millennial Generation and  enormous amount of money, yet, they are … Continue reading

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Snap’s shares slide as IPO lockup ends

Snap’s shares slide as IPO lockup ends http://www.reuters.com/article/us-snap-stock-idUSKBN1AG1HN?il=0 Re-posted from Reuters. Geoff Geoff Comments: Snap, the pinnacle of Millennial investment, founded entirely on ignorance, and lack of due diligence, rears its ugly head for an encore… This “investment” of the … Continue reading

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“Junk Equity” Comes to Haunt $30-billion Startup

“Junk Equity” Comes to Haunt $30-billion Startup | Wolf Street http://wolfstreet.com/2017/07/26/junk-equity-comes-to-haunt-30-billion-startup/ Re-posted from Wolf Street. Geoff Geoff Comments: We wrote endlessly about this phenomenon in the first weeks of the IPO, people seemed to not care, then, it comes to … Continue reading

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Snap Is Year’s Most-Shorted Tech IPO Before Lockup Ends

Snap Is Year’s Most-Shorted Tech IPO Before Lockup Ends – Bloomberg https://www.bloomberg.com/news/articles/2017-06-08/snap-is-most-shorted-tech-ipo-of-2017-as-lockup-expiration-nears Re-posted from Bloomberg. Geoff Geoff Comments: I have commented on Snap previously, predicting that it would meet with an abrupt, ungracious end. The stockholders have no vote in … Continue reading

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Wall Street is vomiting Snap shares

Wall Street is vomiting Snap shares | New York Post http://nypost.com/2017/05/11/wall-street-is-vomiting-snap-shares/ Re-posted from NYPost. Geoff Geoff Comments: As we have pointed out many times, they structured the stock offering without giving the investors a say in management, a move so … Continue reading

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Snapchat’s Most Fervent Users Are Souring on Snap’s Stock

Snapchat’s Most Fervent Users Are Souring on Snap’s Stock – MoneyBeat https://blogs.wsj.com/moneybeat/2017/05/11/snapchats-most-fervent-users-are-souring-on-snaps-stock/ Re-posted from WSJ. Geoff Geoff Says: All the investors will lose in the end, since shareholders have no voice in the management of the Company, the “equity holdings … Continue reading

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Snap’s IPO Shares Should be “Junk Equity”: CalPERS

Snap’s IPO Shares Should be “Junk Equity”: CalPERS | Wolf Street http://wolfstreet.com/2017/03/10/snap-snapchat-non-voting-shares-ipo-junk-equity/ Re-posted from Wolf Street. Geoff

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