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. And to top it all off, Snap isn’t offering voting rights to public market investors, which should discount the stock price further.
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