
The author says they bought SNAP, calling it the most mispriced large-cap tech asset and citing roughly 1 billion monthly active users. The image shows common shares outstanding rising from 1.605 billion in 2021 to 1.718 billion in 2026, or 1.4% annualized growth (7.0% total); Evan Spiegel says dilution has been carefully managed.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.