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Because Snapchat's valuation is solely based on their technology? Snapchat had the right product with the right marketing that lead them to gaining a large use
by megaman821 12y ago
Because Snapchat's valuation is solely based on their technology?
Snapchat had the right product with the right marketing that lead them to gaining a large user base with high engagement.
Furthermore, is Campbell's valuation based on their soup recipe? I can make chicken soup in hour. They are valuable for their brand, distribution, and production capabilities.
- venomsnake 12y agoSnapchat success came by fraud. They lied their audience about the self destruction of their messages.
- _broody 12y ago> Snapchat had the right product with the right marketing that lead them to gaining a large user base with high engagement. You can say this of any fad. The ice bucket challenge certainly engaged millions of people, but that doesn't mean it's a brand worth investing billions.