AMAZON + SNAP =LOVE
THE MOST LOVED FROM MILLENNIALS
Jul 16, 2018, 12:16 pm EDT
A Snap, Inc Acquisition Is maybe on the Table?!
SNAP, Inc., (NYSE: SNAP) was in the $20’s at the beginning of 2018, after a strong end to 2017. SNAP stock drop after Investors had panicked when Kylie Jenner try to boycott the app by treating with closing her account just to come back soon after realizing she lost lots of her followers. Last week Amazon and Snap released a partnership, but is this a try before buying for Bezos?
Snap, INC is too valuable to remain independent. The company has cornered the majority of Millennials which means the strongest and more desired clients.
If Amazon will make a Snap, INC’s acquisition, this shouldn’t be too surprising. While a buyout from Walt Disney Co (NYSE:DIS) also makes sense Amazon, could take great advantage of the fav social media of Millennials — Disney & salesforce.com, inc. (NYSE:CRM) could take advantage of Snapchat followers too — if both chose pursue Snap in the end.
SNAP will need to maintain an independent image
Millennials, will expect a company like Snap, INC., to keep its leaders and founders who are the most valuable asset, any company thinking of acquiring Snap, Inc should take this into consideration as they seem to know what WE WANT!
By far Bazos, is also one of those leaders that Millennials don’t mind and like. He seems to have won our hearts as the rebel of business who challenged the world and won.
I will love to be in my social media and be able to buy without leaving my app wouldn’t you?