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What do you think of Snapchat?

its the BRAND

the only thing that actually means anything in modern capotialism, is perception,. snap is a massive brand.

The brand isn't the valuation of Snapchat, the audience is.

Tech is being adopted either sparingly or ironically among young people. Snapchat is the exception to that rule.

Remember that social networks, bottom line, are marketing platforms.
 
I asked this in the other thread.

What kind of data does SnapChat keep on their users? Because if it's more than "none" then that data will also belong to the government and possibly people who want to buy it.

My personal opinion on why SnapChat is so valuable is that it's super ripe for datamining people think that their "temporary" messages will not be seen by anyone other than the recipient.
Doesn't matter if Snapchat keeps it or not. Your carrier (and thus the government) will.
 
Wasn't it snapchat that got accused of hosting child porn because they keep all the images you ever send? Or perhaps it was rumored, I can't quite recall.

As a 32 year old person, I do not use snapchat. My girlfriend, aged 30, frequently uses it as well as all of her friends. I've downloaded and deleted Snapchat 3 times because it makes no sense to me and I also dislike the idea of it.
 
Wasn't it snapchat that got accused of hosting child porn because they keep all the images you ever send? Or perhaps it was rumored, I can't quite recall.

As a 32 year old person, I do not use snapchat. My girlfriend, aged 30, frequently uses it as well as all of her friends. I've downloaded and deleted Snapchat 3 times because it makes no sense to me and I also dislike the idea of it.

Think it's not your age, but your gender :laughing
 
Is anyone is surprised this thing tanked.
I wouldn't be surprised if it bounced around in price for a bit.
I also wouldn't touch it but if I were to gamble it would have to be below its IPO price of $17. Even that number was full of skyhigh optimism.
 
But then when FB IPO'd I didn't think it was worth anything either.
Look to Trump's cabinet to see where the money will flow, maybe chase that.
I'm tempted to buy GS.
 
There's not much logic to short term activity in the market. Everyone just buys whatever they think everyone else will buy. SNAP could be virtually worthless but people will buy it anyway. Some other stock can be severely undervalued but months will go by and it goes nowhere.

:loco
 
There's not much logic to short term activity in the market. Everyone just buys whatever they think everyone else will buy. SNAP could be virtually worthless but people will buy it anyway. Some other stock can be severely undervalued but months will go by and it goes nowhere.

:loco

Yeah the market is pretty dumb in that retrospect. PLENTY of companies with actual revenue, assets and profits are valued at 20x less than SNAP lol.
 
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