This could as easily have been titled why X will be the most profitable social media IPO ever. It reads more like someone is hoping for them to fail and is gras

This could as easily have been titled why X will be the most profitable social media IPO ever. It reads more like someone is hoping for them to fail and is grasping for reason to justify this unpleasant emotion. Snapchat established itself in a challenging marketplace dominated by large, successful and well funded companies. Something Google inspite of all its engineering prowess, financial resources and influence has failed repeatedly to do. They have not even come close. Let's give the founder some credit for gaining a large and engaged userbase. Its a huge achievement in any context and given competitors are making money there is no reason think Snapchat can't.