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by sheikhimran01 4597 days ago
Snapchat is cool and tomorrow it can be uncool. They have around 30 million users and valued $3 Billion is insane. Instagram was worth $1 Billion because of it's system and users but SnapChat doesn't deserves to be a Billion dollar company.

It a good investment for investors because they can always use exit strategy. SnapChat will eventually use advertising and then diversify to other products if it doesn't gets buy out.