Friday Hasn’t Even Started Yet, But It’s Already Ugly by Wolf Richter • Oct 25, 2018 • 121 Comments The FANGMAN stocks went to heck afterhours.
How Snap Just Gave a Middle Finger to its Voteless Shareholders by Wolf Richter • Nov 8, 2017 • 34 Comments They don’t need to know, Snap says. Tencent rues the day it bought a 12% stake.
How Can a Company Once Worth $30B Lose $443M on Just $208M in Revenues? Here’s How by Wolf Richter • Nov 7, 2017 • 68 Comments This is where hype (and money) goes to die.
“Junk Equity” Comes to Haunt $30-billion Startup by Wolf Richter • Jul 26, 2017 • 53 Comments Snap Inc. tried to turn Big Investors into zombies. It didn’t work.
Snap’s IPO Shares Should be “Junk Equity”: CalPERS by Wolf Richter • Mar 10, 2017 • 43 Comments The scam around the stock of Snapchat’s parent, and a revolt by institutional investors that may have to buy the shares.
Investor Group Attacks Snap’s No-Vote Shares, Stock plunges by Wolf Richter • Mar 6, 2017 • 61 Comments S&P 500, other indices might refuse to include stock, deflating a big part of the hype around its IPO.
There’s a Lot More at Stake in this IPO than Just Toxic Financials by Wolf Richter • Feb 3, 2017 • 63 Comments Silicon Valley hubris knows no bounds.
