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A comment on Snapchat Seeks to Raise as Much as $4B in IPO. Parent comment

Re:Snapchat Seeks to Raise as Much as $4B in IPO by chejazi on Wednesday October 26, 2016 @04:39PM (#12800281)
Where is the bulk of their spend? Hiring? Lobbying local jurisdictions?
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Re:Snapchat Seeks to Raise as Much as $4B in IPO by CN7R on Wednesday October 26, 2016 @04:44PM (#12800327)
Subsidies for drivers as Uber attempts to expand market shares overseas and maintain dominance over domestic competitors: https://www.bloomberg.com/news/articles/2016-08-25/uber-lose...

Honestly, the China gamble Uber had earlier this year shows me that they're spreading themselves too thin.

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Re:Snapchat Seeks to Raise as Much as $4B in IPO by TeMPOraL on Wednesday October 26, 2016 @04:43PM (#12800319)
I would imagine the latter. Conducting an illegal business in the open must be expensive.
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