* Insert Celebrity Here * reduces value of Snapchat

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Postby Wayne » Thu Feb 22, 2018 9:09 pm

Image

Kylie Jenner says Snapchat is over - and Wall Street panics

The stock market value of Snap, owner of the Snapchat messaging app, fell $1.5bn after reality TV star Kylie Jenner said she no longer used it.

Ms Jenner told her 24.5 million Twitter followers: "sooo does anyone else not open Snapchat anymore?"

She was adding her powerful social media voice to the growing criticism of Snapchat's re-design.

Snap boss Evan Spiegel had something to soften the blow, though, with news his total pay was a huge $600m last year.

Shares in Snap fell more than 8.4% to $17.8, falling back close to the $17 price that the shares were listed when the company floated on Wall Street.

The disappearing messaging app was re-designed in November. But many users criticised the change, and one million people signed a petition.

Ms Jenner, the half-sister of celebrity Kim Kardashian, tweeted: "sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad."

She did, though, later tweet a follow-up: "still love you tho snap... my first love".

Snapchat has rejected the complaints, with Mr Spiegel saying earlier this month that users just need time to get used to it.

The criticism from Ms Jenner was followed by news that Mr Spiegel received $637.8m as total compensation last year after the company went public.

It is thought to be the third-highest annual payout ever received by a company's chief executive, although the compensation package was heavily boosted by the award of shares in the company. His salary for 2017 was $98,078

The package trails the 2007 and 2008 compensation packages for Daniel Och, head of hedge fund Och-Ziff Capital Management.

He received an annual compensation of $918.9m in 2007 and $1.19bn in 2008.

http://www.bbc.co.uk/news/business-43163544
Ah, gotta love it! :lol: :lol:

What power (and how fickle must investors be).

The money will probably come back for the most part but still - amazing to see such influence.
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Postby biscuits » Thu Feb 22, 2018 9:11 pm

biscuits The Diva recently announced that he doesn't use it any more. I think that may have something to do with it.
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Postby stevyy » Thu Feb 22, 2018 9:19 pm

biscuits wrote:biscuits The Diva recently announced that he doesn't use it any more. I think that may have something to do with it.
I don't know who the person in the OP is, but I know of biscuits the diva. So it must be connected more to you than her.
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Postby heppolo » Thu Feb 22, 2018 9:24 pm

the only good thing Kylie Jenner did in a while
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Postby MrDiva » Thu Feb 22, 2018 9:28 pm

heppolo wrote:the only good thing Kylie Jenner did in a while
She gave birth to a baby

She’s total trash but that is an accomplishment for any woman.
9 months ... and then the pain of Labor
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Postby heppolo » Thu Feb 22, 2018 9:35 pm

MrDiva wrote:
heppolo wrote:the only good thing Kylie Jenner did in a while
She gave birth to a baby

She’s total trash but that is an accomplishment for any woman.
9 months ... and then the pain of Labor
I've missed the mark about who of Jenners/Kardashians was pregnant and who gave birth. Good for her.
Waffles are checked cookies
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Postby KEY9481 » Thu Feb 22, 2018 10:00 pm

Shut that shit down Miss Jenner.
5.05.2009 / 6.22.2011 / 4.24.2013 / 4.25.2013 / 3.1.2014 / 9.13.2014 / 7.21.2016 / 7.14.2018 / 7.15.2018
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Postby mattsky » Thu Feb 22, 2018 11:09 pm

New snapchat is AWFUL
Haven't been early since '88
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Postby joiPrince_JO » Fri Feb 23, 2018 3:19 am

I never understood or used Snapchat.
Girls' Generation
HyoYeonBritney Spears

Girls' Generation is the best-selling girl group of all time.
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Postby spiritboy » Fri Feb 23, 2018 12:50 pm

It just shows how dumb people have become. They've become puppets of celebrities and social media, it's unbelievable.
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Postby Erotica » Fri Feb 23, 2018 12:51 pm

Why do people listen to this woman? :lol:
I am not trying to seduce you... Would you like me to seduce you? Is that what you're trying to tell me?
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Postby Jesper » Fri Feb 23, 2018 2:00 pm

joiPrince_JO wrote:I never understood or used Snapchat.
Me neither :lol:
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Postby MusicRecords » Fri Feb 23, 2018 2:01 pm

joiPrince_JO wrote:I never used Snapchat.
Follow me on Instagram

The ONLY user to have a thread beat Mariah on the Ukmix Hot 100

#KING
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Postby BehindBreakaway » Fri Feb 23, 2018 6:44 pm

MusicRecords wrote:
joiPrince_JO wrote:I never used Snapchat.
I tried it for like 2 days out of curiosity. I just don't get it.
3 months and I'm still sober, picked all my weeds but kept the flowers!
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Postby ferrero » Sat Feb 24, 2018 2:01 am

^Me too. Old man me does use Instagram though. Love the insta stories function.
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Postby BehindBreakaway » Sat Feb 24, 2018 3:29 am

ferrero wrote:^Me too. Old man me does use Instagram though. Love the insta stories function.
I use instagram for my cats hahaha
3 months and I'm still sober, picked all my weeds but kept the flowers!
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Postby bm08 » Sat Feb 24, 2018 3:54 pm

spiritboy wrote:It just shows how dumb people have become. They've become puppets of celebrities and social media, it's unbelievable.
She merely articulated what over 1.2M people were trying to tell snapchat all along, the new update is awful and we wont use it.
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Postby DnBLover » Sat Feb 24, 2018 11:07 pm

I do not get how this girl is so powerful. She strikes me as not very bright
I am the maniac, I am the ghoul
I'm in the shadows in the corners of my room
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Postby Hugo » Sat Feb 24, 2018 11:54 pm

DnBLover wrote:I do not get how this girl is so powerful. She strikes me as not very bright
One can only deduce her followers are even denser lol
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Postby SummerPeur » Sun Feb 25, 2018 12:40 am

Erotica wrote:Why do people listen to this woman? :lol:
This tbh.
How about you Get the F*** Out.
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Postby GetBack » Tue Feb 27, 2018 1:54 am

Since when were the most followed Instagram celebrities thought of as smart? All of them are known for not being the brightest. :roll: :roll: :roll:
Carey like Mariah.
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Postby ThaInfo1 » Sat Mar 03, 2018 10:52 pm

Lmaaaooooo

That update was trash tho.
'SCAPE
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Postby Serby » Sat Mar 17, 2018 9:03 pm

...and they lost $800M since she told her 60M insta followers to delete the app.



https://www.forbes.com/sites/maddieberg ... 243fea2ca0

Guys has 3.sth billion dollas on his name, but this can not not hurt. Oop.
be kind to every kind
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Postby GetBack » Sun Mar 18, 2018 2:32 am

Who ever thought of even conceptualizing that ad or whatever poll it was about slapping Rihanna or punching Chris Brown? :-? :-? :-?

That was just way too insensitive! :roll: :roll: :roll:

I did not expect Rihanna to respond with so much class, she usually claps back as a troll especially when it comes to petty issues but she really handled this one very well, and she did not make it about herself but about those others going through and who have experienced domestic violence.
Carey like Mariah.
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Postby Loveguru » Sun Mar 18, 2018 3:30 am

tbh snapchat was already dying.
Forever Young
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