21 ms·

I completely agree, there app is a fad.

• rgbrenner 13y ago
  > there app is a fad. My post really has nothing to do with Snapchat specifically. Snapchat could just as easily be Instagram -- which also had no revenue when it was acquired by Facebook for $1 billion.
  • seiji 13y ago
    The current model is "build your house next to a billionaire's house so they'll acquire you to stop any potential encroachment."
    • adventured 13y ago
      This is one of the best descriptions I've read of the concept.
      • seiji 13y ago
        Inspired by Real Life Events™.
  • gaius 13y ago
    How much revenue does it have now?
    • rgbrenner 13y ago
      don't know.. they haven't released the numbers AFAIK. But it's not really relevant IMO... Is there another industry that will pay out $1 billion for a company with no revenue (and no patents)?
  • wentkenko 13y ago
    Yeah I just believe that you can only go so far with an app that is used to send funny pictures to your friends, the fun will eventually die. It just seems to be the same Ron Conway and group going money going round in a circle with a lot of these companies.