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> The enormous popularity of the self-destructing-message app Snapchat has helped its developer, Snap Inc., grow to more than 1,500 employees. Ok, even at a co
by sean_patel 10y ago
> The enormous popularity of the self-destructing-message app Snapchat has helped its developer, Snap Inc., grow to more than 1,500 employees.
Ok, even at a conservative average salary of $70,000 / employee, it works out to $ 105 Million in salary / pay alone (per year), for these 1,500. That's not counting cost of office space, travel, marketing expenses etc.
So, my question. What is SnapChat's business model? How do they make money???