etphoto
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Waste of money. If they bought Snapchat there would other apps people couldn't live without that WP doesn't have. It would be a never ending cycle.
Sent from my Surface 3
Sent from my Surface 3
Myspace was more popular than Facebook at one time, because anyone could be a member of Myspace. Facebook was originally for students only. Facebook became popular when it was opened up to everyone, not just students, and it overtook Myspace rapidly. Now Snapchat is up and coming.
It's undervaluation to date is mild compared to it's twin elephants in the room. Considering the inevitable legal trouble they are facing from both private and governmental interests I imagine the investors are squirming to jump ship. Lets face it. Either could take the company down, both would be a nightmare for them.
What exactly is your point? Facebook didn't have to be successful, Twitter was supposed to overtake Facebook but never did. SnapChat already seems to be on the way out. Like MySpace, it's popular with kids, but it's not really taking off anywhere else. Like I said, there's a reason the company was significantly devalued.
I don't think anyone is arguing with you that Snapchat is probably a flash in the pan, but you have to accept that currently, Snapchat really is a part of the current zeitgeist.
SnapChat already seems to be on the way out.
This is worthy of a mic drop...We'll see which lasts longer; SnapChat or Windows Phone.