Disclosure, Nbc Universal does own a stake in snap. Blue apron are getting hit the stock is down 20 since the debut in late june a sign of trouble for Companies Looking to go public or not . Lets bring in eric gordon business pro fet fessor whose focus is on ipos happy friday you to both eric, i think your larger point about snap anyway is in a it highlights the degree of difficulty when you were forced to compete with the likes of a facebook yeah. You know, its great that snap is an innovator. The question is, can you be an innovator that makes money in the face of somebody who can imitate your innovation. I mean its an innovation. But its not all that hard to do somebody with a lot of money and a giant user base, user base being sort of the source of your revenue, you have to compete with them. I mean, can you actually do it im wonlderidering is how mua resetting of the expectations of how great the companies r people are talking is snap the next facebook or at which timer maybe its
Oliver we are here with megan murphy. To talk about this weeks issue. First off, jumping into a story that you wrote about, they storm that donald trump tweeted trump caused when he tweeted about taiwan . Megan this continues to reverberate days later. We had a call that ended 40 years of the approach of not trying to recognize taiwan but trying to bolster taiwan. And trump shows he is not afraid or not going to be reined in. When this initially came out it seems like a pr gaffe. This is actually a yearlong lobbying effort. We see people close to trump advocating for him to approach taiwan. And a tougher stance on china. China immediately came back and said that he was criticized the editorially on their front pages. When you think about the respect to china and putting in the trade tariffs, for your big first move to be a diplomatic call to taiwan, it shows people what the administration will look like. Carol another country in turmoil italy. It isnt just about the political situation
Oliver we are here with megan murphy. To talk about this weeks issue. First off, jumping into a story that you wrote about, they storm that donald trump tweeted trump caused when he tweeted about taiwan . Megan this continues to reverberate days later. We had a call that ended 40 years of the approach of not trying to recognize taiwan but trying to bolster taiwan. And trump shows he is not afraid or not going to be reined in. When this initially came out it seems like a pr gaffe. This is actually a yearlong lobbying effort. We see people close to trump advocating for him to approach taiwan. And a tougher stance on china. China immediately came back and said that he was criticized the editorially on their front pages. When you think about the respect to china and putting in the trade tariffs, for your big first move to be a diplomatic call to taiwan, it shows people what the administration will look like. Carol another country in turmoil italy. It isnt just about the political situation
Editorre here with the in chief to talk about this weeks issue. I want to jump into a story you wrote about a storm donald trump caused when he tweeted about taiwan and china. Vell us about how you don deeper. This tweet continues to reverberate. Officially recognizing taiwan but giving the military support, etc. Trump again shows he is not afraid. The most interesting thing about delving into this story is it seemed when it came out it was this amazing p. R. Gaffe. This is actually a yearlong lobbying effort with people close to trump, including bob dole, who have advocated for him to embrace the new approach to taiwan and a tougher stance on china. The important thing about this call is china immediately has come back and said he has been criticized on the front pages. But when you think about the policies donald trump is advocating with huge trade tariffs, for your biggest first moved to be diplomatic call with taiwan, that shows people what this administration will look like in ter
Editorre here with the in chief to talk about this weeks issue. I want to jump into a story you wrote about a storm donald trump caused when he tweeted about taiwan and china. Vell us about how you don deeper. This tweet continues to reverberate. Officially recognizing taiwan but giving the military support, etc. Trump again shows he is not afraid. The most interesting thing about delving into this story is it seemed when it came out it was this amazing p. R. Gaffe. This is actually a yearlong lobbying effort with people close to trump, including bob dole, who have advocated for him to embrace the new approach to taiwan and a tougher stance on china. The important thing about this call is china immediately has come back and said he has been criticized on the front pages. But when you think about the policies donald trump is advocating with huge trade tariffs, for your biggest first moved to be diplomatic call with taiwan, that shows people what this administration will look like in ter