Snap Inc (SNAP)

[Tom4investor2011]

SNAP Q1 $2.2billions lost:

The bulk of that came from $2 billion in stock that the company recognized on its books on the date of its “qualifying event” — when it went public earlier this year.
> Much of that came from the “CEO award” that Snap’s investors gave Evan Spiegel as a reward for taking the company public. But Spiegel’s award didn’t represent the bulk of that sum.
> In the last proxy statement Snap filed before going public, Snap estimated the value of Spiegel’s award at more than $550 million, and said it had another$1.1 billion in employee stock awards that would kick in after the IPO.

...Simply sharing the wealths as for Q1, and Q2 shouldnt be any/much of the loss.