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I'd be interested to hear your response to the point I made in my above comment in this thread. The fact that younger people increasingly view Facebook as uncoo

I'd be interested to hear your response to the point I made in my above comment in this thread. The fact that younger people increasingly view Facebook as uncool is a big problem facing the company; yes, Facebook Inc. still has Instagram, but Zuckerberg himself saw the rise of Snapchat, and tried to buy them out. The stock may be crap right now, but in terms of where people are sharing their minds and their lives (i.e. personal data), Snapchat is very relevant these days. In that way, it definitely does resemble Twitter; it's a very important part of the daily lives of tens of millions of people. I was about to say "daily online lives," but everyone is online for at least half the waking hours of their day now. (And for the record, virtually every B2C Internet stock stays below its IPO price in its first several months.)

Fnoord 9y ago
Snapchat's stock is low because the hype has passed and the bubble has bursted. Their service is lackluster as the core principle of the company (sending media which can only be temporarily accessed) isn't a way to protect data since the sender and receiver have different interests because of their lack of a relationship based on trust and longevity. In that regard it makes sense the service is popular with youth as they don't fully grasp trusting relations, they take higher risks, all because their brains have not yet fully developed. You don't see adults using Snapchat for anything serious. They might just as well use more common, equally secure platforms e.g. WhatsApp, or face to face. Snapchat would've been very cute in the '90s before people had e.g. cameras on their phones, and when phone screens were lower quality (although it'd be problematic to make a picture in the first place then). Nowadays, its painfully obvious how irrelevant the service is. The only relevance Snapchat has is their userbase, mainly consisting of youth; personal data, the databank as a whole (pretty much the same but worth mentioning), and the potential to start a new service under the Snapchat flag.

Fnoord 9y ago

Snapchat's stock is low because the hype has passed and the bubble has bursted. Their service is lackluster as the core principle of the company (sending media which can only be temporarily accessed) isn't a way to protect data since the sender and receiver have different interests because of their lack of a relationship based on trust and longevity. In that regard it makes sense the service is popular with youth as they don't fully grasp trusting relations, they take higher risks, all because their brains have not yet fully developed. You don't see adults using Snapchat for anything serious. They might just as well use more common, equally secure platforms e.g. WhatsApp, or face to face. Snapchat would've been very cute in the '90s before people had e.g. cameras on their phones, and when phone screens were lower quality (although it'd be problematic to make a picture in the first place then). Nowadays, its painfully obvious how irrelevant the service is. The only relevance Snapchat has is their userbase, mainly consisting of youth; personal data, the databank as a whole (pretty much the same but worth mentioning), and the potential to start a new service under the Snapchat flag.