[sbardle]

Dropbox is a utility/product/feature. It can be replaced.

Snapchat is a network and therefore is open to network effects, i.e. the sum becomes greater than the parts.

I think in ten years time Snapchat will look the more justified valuation, providing they execute.

Dropbox are going to struggle unless they can innovate ontop of the current business model.

[nkkollaw]

> I think in ten years time Snapchat will look the more justified valuation, providing they execute.

They execute what, exactly? I looked at their investors page. Doesn't make any sense. It's a sexting app!!!