According to a Wall Street Analyst, Snap Chat is running out of money and may be going under. Analyst Michael Nathanson said:
"While it is obvious that Snap wasn't prepared for life as a public company, it now has a more pressing problem. It is quickly running out of money,"
He went on to say:
"Although Twitter pulled off a similar miracle, call us skeptical as – despite the memo – we don't have faith in Snap's leadership to navigate these rapids."
If you're a snap love, better hold on to it tight! Full story HERE