Snapchat back hands Facebook

I think people could get on board (a bit) with the "I don't want to work for Zuckerberg (sp?)" sentiment, but if they turned down even more money from Google, I think two things could be happening.

They're trying to drive up the price and hoping that the amount of attention they're getting does that and that they'll accept an offer sometime in the next month or so.

Or they're fucking idiots.

 

Nope. It's quick, easy, the snaps disappear (presumably forever) and the kids love it.


If the guy turned down $4 billion, with 20 employees, he's insane. You take that and GTFO before the bubble bursts, because it will.

 

In addition to dick pics, wouldn't Snapchat be a great form of communication for a criminal enterprise? Or do the messages end up on a server somewhere even if they aren't saved to your account/phone?

 

There was a story a couple days ago that said the pictures weren't actually completely deleted, that they could be found on a server.

I would think that would be a major problem for the people using this delightful app for sexting.

 

I would think it would be a major problem for the company storing lewd pictures of underage people on its servers, for that matter.

It took me about four seconds after I first heard of SnapChat to think, well, surely you could just take a screen shot of the phone before the picture deletes.

But then that's the sort of logic that tends to escape those who find themselves texting junk photos, I suppose.

 

Normal people don't think about such a utility as they are off having real intercourse.

 

Wouldn't a screen cap function on your phone override any Snapchat benefits?

 

I think it sends a notification to the other person if you take a screen shot. But by then, you've already got a picture of the titties.

 

One of my favorite riches to rags stories is World Championship Wrestling.

Owned by Ted Turner, it struggled for the first half of the 90s, then added Hulk Hogan, a few other former WWF stars, and took off in 1996, and was printing money in 1997.

Then the product got stale, and the company started losing money. Big money. Like $80 million in 2000. It got caught in the AOL-Time Warner merger and Turner finally came up with a deal to sell to another company. Then one AOL-TW exec said they weren't going to televise any more shows, the deal for WCW fell through, and the value plunged. Vince McMahon bought this huge company for $4.2 million.

 

Any snapchat pic can be saved...just by taking a pic of your screen. I believe the person that sent it even gets a notification that they pic was saved by which person.

 

'If it looks like a bubble, and floats like a bubble ...'

http://bits.blogs.nytimes.com/2013/11/24/disruptions-if-it-looks-like-a-bubble-and-floats-like-a-bubble/?ref=todayspaper

Eight months ago, Snapchat was valued at $70 million. Today, it is valued at $4 billion, even though it has zero revenue.

 

Cuban sold at the top of the first internet bubble, but it was Broadcast.com that he founded and sold, not YouTube.