CaseBasix
MediumM&A

FlashSnap

Case Prompt

Your client, FlashSnap, is a wildly popular Paris startup with a rapidly growing user base. FlashSnap’s App allows users to send expiring pictures as well as connect with local people in their area. A potential acquirer has offered to purchase the Company for €500m, but on the condition that the Company will generate €2m in cumulative net income over the next 3 months, and have at least 700k daily active users as of the end of month 3. FlashSnap’s CFO has hired you to help hit these metrics.

Case information:

  • FlashSnap currently only operates in France
  • No current revenue, as company has focused solely on user growth and not monetization
  • Company started operations this year
  • Net Income and daily active users are total at the end of 3 months

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