Yes, indeed! Which is a problem for Snap because Facebook can truly have its way with the upstart piece-o-crap app because really, what is it gonna do? It's not unique in the slightest way...
Agreed..a valuation of 20 billion is absurd. I don't know much about Snap but as a ad buyer on facebook, etc why would I spend money on snap to advertise to 12 year olds? They don't have credit cards
Yes, indeed! Which is a problem for Snap because Facebook can truly have its way with the upstart piece-o-crap app because really, what is it gonna do? It's not unique in the slightest way...
Agreed..a valuation of 20 billion is absurd. I don't know much about Snap but as a ad buyer on facebook, etc why would I spend money on snap to advertise to 12 year olds? They don't have credit cards
Bingo! Many of my InvestorPlace colleagues have more or less articulated this very point...thank you! :)