Odds and Ends 

Snapchat Spectacles 3 review: Pretty, pricey

No one’s going to pay $380 for decent point-of-view video glasses and some trippy filters. But that’s kind of the point of Snapchat Spectacles 3. They’re merely a stepping stone toward true augmented reality eyewear — a public hardware beta for the Snap Lab R&D team that Apple and Facebook aren’t getting as they tinker in their bunkers. Still, I hoped for something that could at least unlock the talents of forward-thinking video creators. Yet the unpredictable and uncontrollable AR effects sadly fail to make use of Spectacles‘ fashionable form…

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Odds and Ends 

WeWork CEO Adam Neumann has reportedly cashed out of over $700 million ahead of its IPO

Adam Neumann, the co-founder and chief executive of the international real estate co-working startup WeWork has reportedly cashed out of more than $700 million from his company ahead of its initial public offering. The size and timing of the payouts, made through a mix of stock sales and loans secured by his equity in the company, is unusual, considering that founders typically wait until after a company holds its public offering to liquidate their holdings. Despite the loans and sales of stock, first reported by The Wall Street Journal, Neumann remains…

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Headlines 

Snap Is Looking a Lot Like Twitter After Another Earnings Miss

Snap Inc. went to great disappointing revenue and user growth, in its third-quarter results. Chief Executive Officer Evan Spiegel even highlighted that Snapchat isn’t easy enough for many to use, echoing similar complaints about Twitter. Snap’s surprise disclosure Wednesday morning that Tencent Holdings, China’s biggest instant messaging company, had analysts cut their ratings. Snap has now fallen 25 percent since its March IPO, bringing its market capitalization to within $900 million of Twitter’s. Of course, Snap’s valuation is still richer. Twitter is projected to have about three times the revenue…

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Odds and Ends 

Google reportedly offered $30 billion to acquire Snapchat

Nerdy Google has failed at social time and time again, so it considered buying teen sensation Snapchat. The search giant held informal talks with Snap and floated an offer of $30 billion in 2016 before Snaps last funding round, and just before its IPO this year, according to Business Insiders Alex Heath. That offer was apparently an open secret inside Snap, and was on the table after the IPO, too. But Snaps notoriously independent CEO Evan Spiegel has apparently showed no interest in selling out to Google or anyone else.…

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Odds and Ends 

These are the three things one Silicon Valley VC wants to hear on Snaps first earnings call tomorrow

Snap, which Goodwaterpublished in early February, shortly before the company went public. (We wrote about it fresh survey data of 3,000 Americans across the country who Goodwater recently polled using a third-party service, firmco-founder Eric Kim who isnt a shareholder says hell be listening for three things on Snaps very first earnings call tomorrow: 1) Snapchats competitive response to Facebooks steady stream of attacks on its core platform. Snapchats storiesplatform has maintained market share over the last six months, but during that same period, Facebook has converted a whole lot…

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