“A second cost there is RevShare to publisher partners. But…” — Acquired at 55:02
“A second cost there is RevShare to publisher partners. But I mean, the cost of revenue in 2016 was $452 million. So a large amount of that, I mean, if you figure out how much they're paying to Google year over year, a lot of that is for the Google Cloud infrastructure. And I think the way that Snap wants you to view…”
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