Some Snap executives have questioned how much time Evan Spiegel spends on the hardware project compared to Snapchat.
The Wall Street Journal reported that some leaders at Snap have raised concerns internally with CEO Evan Spiegel regarding the amount of time he dedicates to the smartglasses venture instead of the Snapchat platform, which serves as the company's main revenue source. The publication also highlighted Snap's ongoing challenges with profitability as the chief executive continues to emphasize development of the high-priced hardware product. This coverage comes amid investor caution toward the company's hardware initiatives. The details stem from the news outlet's exclusive reporting on internal company matters.
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Some Snap executives have questioned how much time Evan Spiegel spends on the hardware project compared to Snapchat.
The Wall Street Journal reported that some leaders at Snap have raised concerns internally with CEO Evan Spiegel regarding the amount of time he dedicates to the smartglasses venture instead of the Snapchat platform, which serves as the company's main revenue source. The publication also highlighted Snap's ongoing challenges with profitability as the chief executive continues to emphasize development of the high-priced hardware product. This coverage comes amid investor caution toward the company's hardware initiatives. The details stem from the news outlet's exclusive reporting on internal company matters.
The Wall Street Journal@WSJExclusive: Some leaders at Snap have raised concerns with CEO Evan Spiegel about how much time he spends on the company’s smartglasses venture relative to Snap’s core moneymaker, the Snapchat platform https://on.wsj.com/4gGlgIV
The Wall Street Journal@WSJExclusive: Some leaders at Snap have raised concerns with CEO Evan Spiegel about how much time he spends on the company’s smartglasses venture relative to Snap’s core moneymaker, the Snapchat platform https://on.wsj.com/4gGlgIV
