3% quarter over quarter growth on a product that is supposed to be still in growth mode is pretty bad. Compare this growth rate to Facebook's when it was was a 200 million DAU and it is not much at all.
Yes this is very true.
They have to find a new growth channel somehow. It's good news that their user base isn't being eroded by competition, but they need to try something different to grow.
Add in their enterprise value to revenue ratio and its a very sad story.