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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 e ....
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Kevin Ryan is one of the leading serial entrepreneurs and investors in New York. Previously he co-founded MongoDB, Business Insider, Gilt Groupe, Zola, Nomad… ....