BROADCASTS.com

b'

Snap! Acquired is live on the scene reporting from the "Super Bowl" of 2017 tech events: Snap Inc\'s hugely anticipated (and just plain huge) IPO. What does the future hold for this plucky \\u201ccamera company\\u201d? Will Snap\'s IPO endure as tech\'s most important picture-frame since the \\xa02012 debut of Facebook, or is it destined to fade as just another snapshot? We debate!\\xa0

Sponsors:
Vanta: https://bit.ly/acquiredvanta
Crusoe: https://bit.ly/acquiredcrusoe
Modern Treasury: https://bit.ly/acquiredmoderntreasury

\\n
• Reference to our previous Acquired episode on Snap covering Facebook\\u2019s failed attempt to acquire the company in 2013, which goes deep on Snap\\u2019s origins and early history
\\n
• Snap\\u2019s busy years since: launching Discover, \\xa0Lenses, \\xa0Geofilters, \\xa0new Chat, \\xa0Memories, an \\xa0ads API, acquiring Bitmoji, and, of course, \\xa0debuting Spectacles\\n
\\n
• The incredible document that is \\xa0Snap\'s S-1 filing (read starting from the \\xa0\\u201cBUSINESS\\u201d section on p.93)
\\n
• Snap Inc\\u2019s \\u201cunique\\u201d voting structure
\\n
• Evan Spiegel\\u2019s \\u201cCEO Award\\u201d bonus for successfully completing an IPO: an extra 3.0% of the company worth more than $600M
\\n
• Snap\\u2019s IPO pricing, first day of trading \\u201cpop\\u201d, and momentum carried into day two\\xa0
\\n
• Introducing a new show section (for IPOs): Narratives! \\xa0
  \\n
  • Snap \\xa0is a \\u201ccamera company"\\n
  \\n
  • Snap\'s opportunity is \\xa0winning television ad dollars\\n
  \\n
  • Snap is a cult of the \\u201cproduct genius\\u201d
  \\n
  • Snap has a growth problem\\u2026 and its name is Instagram (Stories)
  \\n
  • Snap has a cost problem: the (first?) \\xa0gross margin negative IPO
  \\n
  • Wall Street to Evan: \\u201cwe trust you\\u2026 for now"
  \\n
  \\n
\\n
• Chris Sacca\\u2019s biggest email fail of 2012\\n
\\n
• \\u2026And of course all the classics from the Acquired canon: waves, moats, flywheels, network effects, starting small and more!\\xa0
\\n

\\xa0 The Carve Out:\\xa0

\\n
• Ben: \\xa0The Bill Simmons Podcast with Ben Thompson\\n
\\n
• David: The Art of War, also Evan Spiegel\\u2019s Carve Out for 2013 :)
\\n