Snap Misses Forecasts for New Users and Sales

The transcript discusses Snapchat's growth challenges, competition with Facebook, financial performance, and strategies to improve user engagement. It highlights the impact of Facebook's Instagram on Snapchat's user growth and the financial disappointment in Snapchat's first quarter post-IPO. The discussion also covers Snapchat's efforts to enhance user engagement and the credibility issues faced due to missed expectations.

What was the year-over-year increase in Snapchat's daily active users for the fourth quarter?

• 48%

• 36%

• 30%

• 50%

Which company is known for copying Snapchat's products, particularly Stories?

• LinkedIn

• Twitter

• Pinterest

• Instagram

What was the stock-based compensation expense for Snapchat in the first quarter?

• $4 billion

• $3 billion

• $2 billion

• $1 billion

What was the average revenue per user for Snapchat in the first quarter of 2017?

• 90 cents

• 105 cents

• 95 cents

• 100 cents

What was a major concern for investors during Snapchat's IPO roadshow?

• High user growth

• Lack of detail

• Strong financial performance

• Innovative products

Who controls the majority of votes in Snapchat?

• Public shareholders

• Institutional investors

• Board of directors

• Insiders

What is a significant challenge Snapchat faces against competitors like Facebook?

• Deeper pockets and greater resources of competitors

• Limited product offerings

• Smaller user base

• Lack of funding