Why Snap's User Growth Is Vanishing

The transcript discusses SNAP's market position, highlighting its attempt to differentiate from Facebook by not using similar ad strategies. It addresses the potential impact of employee shares on the market and CEO Evan Spiegel's leadership style, which some perceive as arrogant. Despite competition from Facebook, Spiegel remains optimistic about SNAP's success, though investors seek more realistic assessments.

What is the significance of the lockup expiration for SNAP's investors?

In what ways does Evan Spiegel's attitude reflect on the company's future according to the investors?