This article is about the snap chat which has really taken off in the last year and know has a 10bn dollars evaluation. e photo-messaging app that enables users to share pictures and videos with designated contacts for less than 10 seconds, was valued at $10bn, despite concerns that it might promote underage sexting – texting with sexual images – and that its media content may not genuinely disappear from users’ devices, but just be hidden from them. Even the valuation of profitable companies seems exorbitant: Facebook, a 10-year-old company, has been valued at $192bn; that’s 128 times its profits and higher than Coca-Cola, Toyota and Bank of America.
- The company has a 10Bn dollars evaluation
- Facebook have already tried to buy the company for 1bn dollars
- 43 per cent of the money has been made from Advertising
I think article is very good and brings up most points concerning the problems in recent years. I believe Snapchat is just helping sexting as this is app where you send pictures and they have a limit on them.
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