Why should every entrepreneur have a company to fill that blank? I don't think they should. That promotes an unhealthy, overly cynical view of the landscape. Cy

Why should every entrepreneur have a company to fill that blank? I don't think they should. That promotes an unhealthy, overly cynical view of the landscape. Cynicism does not a good entrepreneur make. There are a million ways to justify why Snapchat is a dumb company, and a million ways to justify why Snapchat is a great company. One of the great things about markets is that there is an easy way to tell who is right and wrong, given time. Some investors have invested a lot of money into Snapchat. The fact is that many of those investors have a great track record of picking successful companies and actually betting on them (better than you or I). Time will tell who is foolish here.