Spectacles and $SNAP’s $20B Valuation
Austin Startup
APRIL 25, 2017
It’s up from 40 minutes in July 2014. Even by July 2014, Facebook’s core application had effectively saturated the US market, with more than 80% of US adults on Facebook. In summary: Snap’s current business doesn’t justify a $20B valuation. How can one justify a $20B valuation for Snap?
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