> so is this why valuation of Snapchat is that high Snapchat was supposed to be the WhatsApp / Insta / Facebook killer, but its value is lower than all those p

> so is this why valuation of Snapchat is that high Snapchat was supposed to be the WhatsApp / Insta / Facebook killer, but its value is lower than all those platforms. It's still rather niche. In terms of privacy it's still a nightmare and looks like it won't be fixed soon because it's easy to monitor and the authorities like that.