Evan, thanks so much for joining us here today at your headquarters on the heels of

this investor day. We really appreciate it.

Julia, thanks so much for having me. It's great to be here. So I want to talk

first of all about these user targets.

750 million now, a billion in the next two to three years.

There's so much competition for consumers time right now.

Tic-Tock, first and foremost, among your rivals. What makes you confident

you're going to hit that 1 billion number? When you think about the core of our

service, it's really about visual communication between friends and family and

that's what has continued to drive our growth

over time. Snapchat opens up into the camera where people can choose from all sorts of

augmented reality lenses to express themselves and share those with friends and

family and ultimately what we've seen over the last 11 express themselves and share those with friends and family.

And ultimately what we've seen over the last 11 years or so of building our business is that

communication with friends and family is something that brings a lot of joy into people's lives

and that they really like to do frequently.

We shared today that in the United States, for example, people open Snapchat approximately

40 times a day on average and that's really because they like to talk with their friends and

families so I think that communication especially visual

communication with friends and family is going to continue to be a big driver of

our growth. So there are two pieces of this that you're focused on. One is

the engagement and the other is the monetization.

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