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Snap Revenues Up, But Company Still Posting Big Losses

socalTECH

Santa Monica-based Snap , the parent firm of Snapchat, reported its results on Tuesday afternoon, saying that its fourth quarter revenues were up 36 percent to a record, $390M. However, the company is still posting big losses, saying it had a net loss of $191.7M Snap reported revenues of $1.18 READ MORE>>.

Company 113
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

But what IS the right amount of burn for a company? Gross Burn vs. Net Burn. Burn rate in case you don’t know is the amount of money a company is either spending (gross) or losing (net) per month. (it Net burn is the amount of money you are losing per month. Let’s set up a framework.

Startup 383
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Does your company have a “dirty cap table?”

Berkonomics

The problem in taking such money rests in the legality of taking money from non-accredited investors, people who do not meet the SEC standard for making non-public company investments. Does issuing a PPM insulate the company? What if some past investors don’t meet that standard? So, what is the problem? Your future process.

Company 156
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Snap Inc. Reports Slow User Growth, Shares Drop More Than 25 Percent

L.A. Business Journal

parent company of Snapchat, reported a net loss of $2.2 a share) during its first quarter as a public company, stemming mostly from stock-based compensation issued to employees for its initial public offering in March. billion (-$2.31

Report 145
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Silicon Beach Report Aug. 15: AuditBoard Nets $40 Million

L.A. Business Journal

Risk and compliance software company AuditBoard raises $40 million; Bird, Lime lead e-scooter protest in Santa Monica; Tinder sues parent company

.Net 113
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Snap Revenues Rise as User Growth Slows

L.A. Business Journal

the Santa Monica-based social media company, reported earnings results for the second quarter ended June 30. While the company has beaten revenue expectations, it continues to see an increase in net loss.

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Startups Should Focus On Their Net Profit Score Not Potential Promoters

InfoChachkie

As crazy as this scenario sounds, it is very similar to the “scoring process” companies engage in when they track Net Promoter Scores. A company''s Net Promoter Score (NPS) is a beloved metric slavishly tracked and reported by product marketing and customer support executives of both established and nascent enterprises.

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