Minda Smiley

And then we're also seeing reports that younger people are not adopting it.

You know, I'm talking Gen Alpha, really young people aren't adopting it at the same rate that Gen Z might have.

So...

They're kind of in this tough spot.

It's interesting.

We see a lot of the other social platforms like Facebook, for instance, they're really trying to court young users.

And I feel like Snapchat in some ways has the opposite issue where it sort of has a hold on this specific generation of young people.

But when you go above and below that, it is struggling a bit more.

And I think that is why we're seeing some of those falls.

Any news on that?

Yeah, I think everyone was kind of hoping this earnings call would shed a bit more light on this deal and what's going on there.

Of course, they ended up saying that it's been delayed.

They didn't provide a ton of detail.

And it's interesting because

When the deal was first announced, it was certainly welcomed by investors.

I think they were excited to kind of see a new revenue stream for Snapchat and also just see how Snap is kind of looking into how it wants to compete in the broader AI race.

And so to see not really any updates there is concerning.

And it also just raises a lot of questions people already had around, you know, sort of why perplexity in the first place?

Why was the deal only for one year?

How is it going to fit into, you know, how is perplexity going to fit into Snapchat's broader interface and whatnot?