Snap Inc (SNAP - Full Stock Analysis): Not like MySpace
SNAP at a glance
SNAP is an American social media and camera company most notable for their mobile application Snapchat, an image messaging app. They are engaged in a few business verticals (source):
Snapchat: their primary social media application which they use to generate ad revenue
Snap AR: a development platform that can be used on other applications to enable AR features like facial tracking and superimposing images onto specific surfaces for images and video
Pixy: a handheld camera drone
Spectacles: smart glasses with a built-in connection to the Snapchat application
The vast majority of SNAP’s business comes from the ad revenue from Snapchat (source).