The Ledger
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Rosenthal: Onavo was critical because it alerted Facebook to WhatsApp and Snap
“Either way, Onavo ended up being, like, a hugely important acquisition for Facebook, because it really tipped them off to WhatsApp and Snap, too.”
Benchmark realized $1 billion selling half its Snap stake in 2018
“You got February, 2018, Benchmark sold almost half of its stake in Snap and realized a billion dollars in gains somewhere.”
Instagram found user engagement declined over time due to permanent post fatigue
“The Instagram team noticed over time that even before Snap started eating their lunch that Engagement would decrease the longer you stayed an Instagram user, because you, over time, being done with these permanent posts, and you sort of saved it for the big an…”