PolicyThe Next Webabout 2 hours ago
Blue Duck urges Snap to sell Specs
2 min read
Blue Duck Capital Partners wrote to Snap's board on Tuesday urging the sale of about a fifth of its Specs subsidiary at a $5B valuation. This move aims to raise $1B to fund roughly two years of spending. The glasses ship this autumn into three markets, including France, where regulators are already investigating consent issues.
Level
Hype check
Tap to vote and see what everyone thinks.
In this storySnap