Current investors’ calls and interviews revealed that Snap’s main client for 2018 and 2019 was…TikTok, which invested billions in customer acquisition.
I never understood why software companies wanted to developed hardware products, a bet that ended up with hundreds of millions spent, if not more than one billion.
On the other hand, AirBnb is in a much better position to still be the market leader at the end of this decade; not sure about Snap though…
