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Snap has an awful Q2 earnings report<\/a>\u2026but at least its dancing AR hot dog was viewed 1.5 billion times. To prove their confidence, co-founders Evan Spiegel and Bobby Murphy have agreed not to sell any shares this year, and the company will withhold shares they\u2019re owed to pay for any necessary taxes. Of course, there\u2019s only five months left in the year, so this isn\u2019t exactly a long-term lock-in.<\/p>\n One concrete metric announced was that Snap generated $5.4 million in \u201cOther\u201d revenue, which would equate to around 41,500 pairs of its Spectacles camera sunglasses<\/a> at a $130 price point. That\u2019s compared to $8.3 million in Q1 and $4.5 million in Q4.<\/p>\n Snap glossed over its shortcomings in user count and revenue to focus on several vanity metrics during its earnings call:<\/p>\n For more details on Snap\u2019s tough quarter, check out our full Q2 earnings coverage including its new user count<\/a><\/strong>, and read our list of 8 ways to fix Snapchat<\/a><\/strong>.<\/p>\n <\/p>\n Featured Image: David Paul Morris\/Bloomberg\/Getty Images<\/small><\/p>\n Article source: http:\/\/feedproxy.google.com\/~r\/techcrunch\/social\/~3\/VPPA6G-01Kc\/<\/p>","protected":false},"excerpt":{"rendered":" Snap has an awful Q2 earnings report\u2026but at least its dancing AR hot dog was viewed 1.5 billion times. To prove their confidence, co-founders Evan Spiegel and Bobby Murphy have <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3],"tags":[10,7,14,15,6,12,11],"class_list":["post-8087","post","type-post","status-publish","format-standard","hentry","category-latest-update","tag-computer-news","tag-downloads","tag-microsoft-download-news","tag-networking-updates","tag-technology-update","tag-wordpress-plugin-download","tag-wordpress-theme-download"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n