Can Snap Sustain Revenue Growth of 50% Annually Over the Next Several Years?

Its top brass believes so, and they explained why during the company’s Investor Day

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Snap Inc. made some ambitious promises at its Investor Day Tuesday, saying that it expects sustained annual revenue growth of 50% for the next several years, and detailing how each of the five buttons at the bottom of the Snapchat application have contributed and will contribute to that growth.

Co-founder and CEO Evan Spiegel said during his opening remarks, “It’s amazing to be here at our first-ever Investor Day, nine years after our founding. And what a nine years it’s been.

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