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Coffee brief: Snap’s quest to breakeven by Q4

Evan Spiegel, CEO & Co-Founder of Snap, the company behind social media and messaging app Snapchat, sent out a company memo several months ago outlining his goal for Snap to reach breakeven this year. We wanted to explore this ambitious goal, and the steps, we think are needed, for it to be remotely achievable in the given timeframe.

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