> Snap has been profitable in only one quarter since it went public in 2017.

In the same boat unfortunately. Wishing everyone the best in these tough, 2001-esque times!

This should be the greatest era of innovation, FAANGers liberated from their enslavement.

I wouldn't call 99th percentile salaries, comfortable jobs with ridiculous perks, and adequate leisure-time as "enslavement"