Snap CEO addresses ‘rushed’ app design & competition from Facebook in leaked memo

Despite facing slowing user growth and increased competition from Facebook and Instagram, Snap is setting its sights on profitability in 2019. Cheddar has obtained a memo from Snap CEO Evan Spiegel, which was sent to all Snap employees, in which he explains how the company plans to combat its growth struggles, the lingering effects of its controversial Snapchat redesign, and more.

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