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. Had Facebook not purchased Instagram, Facebook’s aggregate numbers likely would have dipped as millennials have largely abandoned Facebook for Instagram and Snapchat.
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