### Comment:
180 million active users, most of whom are in the teen and young adult age range certainly might be worth a few billion to a google, CBS, or a handful of other companies.   
  
 That’s still a fourth of their market cap.  SNAP is a terribly run company that will either go bankrupt or be bought out for a fraction of their current value IMO.  I just think the later would happen first.

### REPLY:
Don't you think this user base statistic is a common mistake with valuation of social media companies these days?  
  
 Snapchat doesn't have any good grounds to start making money off that user base and I don't currently see them finding a way to do it. Chances are it'll become unpopular before they ever find out how to make money off their user base.

### END.