timelets: (Default)
timelets ([personal profile] timelets) wrote2016-07-27 10:54 pm

(no subject)

I've noticed that the younger generation is dumping Facebook for Snapchat. The company's latest valuation numbers hover around $15-16B. Business analysts write that Snapchat's biz model and revenue trajectory look like Facebook's in its early days. Fair enough; although when Facebook was growing there were neither Facebook, nor Twitter.