August 07, 2019
Snap, the money-losing parent company of Snapchat, is issuing $1 billion in convertible debt for working capital and future acquisitions, CNBC reported Tuesday (Aug. 6). CEO Evan Spiegel outlined profitability goals for 2019 in a memo last year and as of June 30, the company had more than $335 million in cash and equivalents and […]
