Snapchat is growing faster than Facebook. It has 40% of the engagement Facebook has. It has 15% of Facebook’s daily and monthly active users. Facebook is worth $330B. Is Snapchat worth 1/16 of Facebook given those numbers? I would say that if you are growing over 100% per year, arguably it is worth more.
Have a great summer!
If interested, click here to subscribe to Alpha Venture Partner updates.
Alpha’s Latest News and Updates Delivered to your Inbox