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Snapchat Doing Great, Still Not Profitable: The Weird Economics of Startups

Snapchat Doing Great, Still Not Profitable: The Weird Economics of Startups

Yesterday Gawker’s Sam Biddle published the article “Snapchat Lost a Ton of Money Last Year,” which is based on leaked financial documents concerning Snapchat’s financial health over the year 2014. The article isn’t very good.

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