Spectacles and $SNAP’s $20B Valuation
Austin Startup
APRIL 25, 2017
In summary: Snap’s current business doesn’t justify a $20B valuation. How can one justify a $20B valuation for Snap? The product that could most likely justify Snap’s $20B valuation is Spectacles. Global smartphone revenue is about $420B. Snap is asking investors to bet on its ability to innovate its way into revenue.
Let's personalize your content