r/u_Judgement_Day88

▲ 2 r/u_Judgement_Day88+2 crossposts

Snapchat the most undervalued turnaround story

Twitter sold for $44B with ~200M users

= ~$220 per user

Snapchat ~1B users

Same math? ~$220B valuation

BUT NOW? at $6 is merely $10B market cap.

1B people using filters, maps, messaging, stories

every single day generating insane amounts of data

At some point you realize these aren’t just “apps”

They’re data engines at global scale for data centers

Maybe the question isn’t “why is Snap so expensive?”

It’s “why do we still think users are free?”

reddit.com
u/Judgement_Day88 — 6 days ago