Spectacles and $SNAP’s $20B Valuation
Austin Startup
APRIL 25, 2017
This begs the question: how much time do users spend in Snapchat today compared to other social networks, and how will that number change over time? In summary: Snap’s current business doesn’t justify a $20B valuation. How can one justify a $20B valuation for Snap? People still have to eat, work, etc.
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