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Should cash-strapped Snapchat sell out? To Netflix? – TechCrunch
TechCrunch
2018
Snapchat needs a sugar daddy. Its cash reserves dwindling from giant quarterly losses. Poor morale from a battered share price and cost-cutting measures sap momentum. And intense competition from Facebook is preventing rapid growth. With just $1.4 billion in assets remaining at the end of a brutal …
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