Is Snapchat More Like Facebook or Twitter? Neither.

The transcript discusses Snap's market position, comparing it to Twitter, Facebook, and Amazon. Snap aims to be seen like Amazon, despite its secretive nature and financial challenges. Investors must decide if they trust Snap's management to leverage its young user base. The transcript highlights Amazon's history of requiring investor patience, which has paid off over time. Snap, however, is a younger and riskier investment, with CEO Evan Spiegel seeking investor trust.

How do Snap executives want investors to perceive the company?

• As a competitor to Twitter and Facebook

• As a company similar to Amazon

• As a leader in the social media space

• As a traditional tech company

What is a significant challenge mentioned about Snap's financial model?

• It is older than Amazon's model

• It has been profitable for many years

• It has a stable and predictable performance

• It is only a few years old and currently unprofitable

Which of the following is a characteristic of Amazon's financial history?

• No need for investor patience

• Consistent profits from the start

• Razor-thin margins and fluctuating performance

• Immediate success in all ventures

What has been a key factor in Amazon's long-term success?

• Immediate profitability

• Investor patience over the years

• Focusing solely on e-commerce

• Avoiding any financial losses

How does Snap's current position compare to Amazon's past?

• Snap is not considered risky at all

• Snap has already surpassed Amazon's success

• Snap is more established than Amazon ever was

• Snap is a much younger and riskier bet