Shares of Snap Inc. (SNAP) jumped 2.5% to $12.29 in after-hours trading on Tuesday after beating consensus estimates on non-GAAP earnings for the first quarter of fiscal 2019 by 2 cents, posting a loss of 10 cents per share or a 44% rise from the prior-year quarter.

The GAAP loss also improved 24% to 23 cents per share.

Revenue grew 38.9% to $320.43 million, beating expectations by $14.15 million.

The Santa Monica, California-based social media company also reported improvements in the adjusted Ebitda loss by $94 million to $123 million, in the operating cash flow by $166 million to -$66

What a difference a week makes.

The sudden shift in investor sentiment from euphoria to skepticism following the botched Lyft Inc. (LYFT) initial public offering has caused both Uber and Pinterest to adjust their previous IPO pricing downward. Now, suddenly hardened “tech-hungry” investors must wonder how the company’s underwriters could have possibly valued the company at $24 billion. One wonders, are any of these now-skeptical investors the same ones who took a leap of faith with Lyft?

A contrast between the Lyft and planned Pinterest IPO is illuminating.

Here is one of the principal differences

European regulators continue to spar with Facebook Inc. (FB) in a process of oversight that seeks to reign in one of the largest tech companies in the world. The first shot across the company’s bow occurred last June, when the European Commission implemented the provisions of the General Data Protection Regulation, aimed at protecting users' privacy rights. At the time, Facebook and other social media companies faced the specter of potentially large fines for noncompliance.

The latest EU provision will force Facebook to more fully, clearly and adequately disclose and in terms its users can understand, exactly how the company

Ride-sharing startup Lyft Inc. is gearing up for its initial public offering this week and investor enthusiasm is currently running high. The IPO is reportedly already oversubscribed, and there seems to have been little pushback thus far on its targeted valuation of $23 billion.

Yet, for all this excitement swirling around Lyft, prudent investors would be wise to think better of trying to get in on the action. Lyft is relying on highly questionable valuation metrics to sell its IPO, even as it continues to face persistent losses, as well as questionable growth prospects

WeWork, or the We Company as it now wishes to be known as, is an extremely odd creature. Its principal business consists of providing coworking space for companies and individuals. That sounds mundane enough, yet WeWork claims the far grander (and grandiose) mission to “elevate the world’s consciousness.” What that means exactly is anyone’s guess. That could spell serious trouble for a money-losing company currently valued at a staggering $47 billion.

If anyone were to understand WeWork’s mission, it ought to be CEO Adam Neumann. Unfortunately, his leadership has left much to be desired.

A recent episode of Joe Rogan’s podcast further illustrates that besides finally turning profitable, Twitter Inc. (TWTR), with over 330 million users, has solidified itself as one of the most important platforms on the internet, espeically in terms of public engagement. While its user base does lag some of its competitors, like Facebook (FB), Tumblr and TikTok, Twitter remains one of the most used real-time content distribution services, and perhaps the best regarded for political discourse and free speech. That makes it one of the most valuable assets, regardless of its current market capitalization.

When compared

Lyft, the principal competitor to ride-hailing company Uber, plans to go public this year. John Zimmer and Logan Green, the company's founders, intend to create prior to the offering a class of share that will give them close to total control, despite together holding less than a 10% financial stake in the company. Lyft joins a slew of tech companies, such as Alphabet (GOOGL), Facebook (FB) and Snap (SNAP), in which the founders own a controlling and disproportionate interest in the company through the issuance of super voting shares.

The pitfalls of such corporate governance arrangements are numerous and could

On Dec. 7, two days after its rideshare rival Lyft filed to go public, Uber Technologies Inc. followed suit. Despite raising $2 billion in a bond offering in October, an Uber initial public offering was always expected at some point. The accelerated timetable comes in the wake of broad selloffs in tech stocks - and growing pessimism across capital markets.

So far, it looks like one of the least appealing IPO buying opportunities in some time. Can the company and its underwriters convince the market that it deserves its valuation?

In this research

Similar to Facebook (FB), where Mark Zuckerberg controls close to 60% of the votes, Snap Inc. (SNAP)'s co-founders, CEO Evan Spiegel and Chief Technology Officer Bobby Murphy, control close to 90% of the votes.

There's literally nothing that shareholders can do to get these guys out, and none of them should want to either. Evan is 28 years old. Bobby is 30. We're talking about a technology company that went public just last year. But fast forward 18 months, and the stock is down almost 80%. It's time to sound the alarm.

The latest drop