Can someone explain to me how Snap can be valued this much? I feel like I was as... | Hacker News

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nicc on March 2, 2017 | parent | context | favorite | on: Snap Jumps in Debut After App Maker Raises $3.4B i...

Can someone explain to me how Snap can be valued this much?

I feel like I was asleep for 50 years and I just woke up and I have no idea how society works.

Don't they make a little sexting app? What happened!

quizbiz on March 2, 2017 [–]

https://www.sec.gov/Archives/edgar/data/1564408/000119312517...

nicc on March 2, 2017 | [–]

Not very helpful.

This is in their timeline: "Lenses launch on Snapchat. Users barf rainbows for the first time".

I feel even more confused.

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