Snap values itself at nearly $24B with its IPO pricing
People are asking if Snap is more Twitter or Facebook. From my (light) exposure, it doesn&#x27;t seem like either. It&#x27;s more like a lifestyle-aware replacement for Apple Messages + Camera -- two of the most heavily used apps on any phone. (For Android, replace Apple Messages with whatever Google calls their text chat app this week.)<p>The closest comparison could be WhatsApp, and that was valued at $19 billion. So I&#x27;m not sure that Snap&#x27;s valuation is as outrageous as it seems based on traditional metrics.<p>Also, I&#x27;ve been really impressed by the design of the Spectacles. The yellow charging case is a brilliant way to make the glasses lighter. Snap is the only major tech company that understands anything about playful design -- Apple, Google, Facebook and Microsoft are all treading the same safe paths of post-Jobsian blandness.