Some other useless shyt we don't need
Probably something to do with transportation.
Its dumb. The app is virtually worthless.Literally over 50% of its users are below 17. An age group that don't even have the money to buy anything anyway.
Worth investigating...
Snapchat, which launched in 2011, reportedly generates little revenue and has yet to turn a profit. But the broad strokes of its business model are well-worn: marshal a captivated audience, sell advertisements against it, profit.
The latest reports put Snapchat’s user base at more than 100 million people, though the exact number has not been publicly disclosed and could be well beyond that. Compare that to LinkedIn’s roughly 200 million (LNKD market cap: about $33 billion), Twitter’s almost 300 million (TWTR: about $30 billion), and Facebook’s 1.4 billion (FB: $212 billion) and the math—preposterous as it seems—starts to make sense.
...Snapchat CEO Evan Spiegel has already indicated that his company is beginning to get serious about revenue;he said as much at an industry conference in October. If the company can demonstrate that it can figure out a way to make money at least as well as its peers—never mind the fact that its customers are almost entirely within the age 18-34 demographic that advertisers have traditionally most coveted—$19 billion isn’t a goal; it’s practically a done deal.
http://fortune.com/2015/02/19/snapchat-worth-19-billion-more/
They haven't even figured out a way to generate revenue.
Facebook has ads and is generating revenue.
This
damn, @BrothaZay I usually try to keep up with shyt like this. I mean... I knew them cats were making money hand over fist, but I had NO IDEA snapchat hadnt made any revenue!!!!
