Snap Shareholder Blue Duck Capital Issues Open Letter To Board Outlining Path To Unlock Shareholder Value Associated With The Specs Technology
In the letter, found here, Blue Duck urges the Board to raise dedicated external capital for Specs from venture investors or a strategic partner without diluting SNAP shareholders. Blue Duck believes that doing so would
A big shareholder thinks Snap should separate its glasses business. They want outside money for the glasses without hurting regular Snap owners.
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