Snap Sued, Accused Of Faking Growth By Ex-Employee

1
Snap Sued, Accused Of Faking Growth By Ex-Employee
MarcoGonzalez / Pixabay

Less than two months after Snap filed for its highly anticipated IPO, the company behind the ephemeral photo-sharing app Snapchat has been sued for allegedly inflating its growth metrics.

Anthony Pompliano, who was head of the company’s growth team for three weeks in the summer of 2015, has filed a lawsuit claiming Snap lured him away from Facebook by lying about key growth numbers, then fired him after he confronted executives with his concerns.

RV Capital 1H22 Letter to Co-Investors in Business Owner

write 1603127795RV Capital Co-Investor Letter for the first half ended June 2022. Q2 2022 hedge fund letters, con