My post really has nothing to do with Snapchat specifically. Snapchat could just as easily be Instagram -- which also had no revenue when it was acquired by Facebook for $1 billion.
Yeah I just believe that you can only go so far with an app that is used to send funny pictures to your friends, the fun will eventually die. It just seems to be the same Ron Conway and group going money going round in a circle with a lot of these companies.