This just blows my mind.

Snapchat a social media app is bringing in over $5B in revenue and the company STILL had a net loss of $697M.

This is mindboggling to me.

Snapchat has no buildings they don't mine or grow a commodity all and yet they still haven't turned a profit yet and lost almost $1B at that.

These are the business that shouldn't exist! They take more from the market than what they add to it and yet this company is still priced at $10.64 cents a share. This should be a penny stock!

Fiat world on display!