Do you think Snapchat will be the next big thing like Instagram and Pinterest?

Posted: 2:23 am, February 11, 2013 by Amarendra Bhushan

Unsurprisingly. Weirdly popular social-media app “Snapchat” is designed to let users send text, pictures and video that viewed for a few seconds before self-destruct, has raised $13.5 million in venture funding. Quite an impressive valuation!!!

With about 60 million photo messages sent each day at Snapchat, Benchmark Capital has valued the company at $60 million to $70 million.

Do you think photo-sharing social-media app “Snapchat” will be the next big thing like Instagram and Pinterest?

Snapchat is available at App Store and Google play.

Jenna Wortham wrote, because images sent through the application self-destruct seconds after they are opened, Snapchat is being embraced as an antidote to a world where nearly every feeling, celebration and life moment is captured to be shared, logged, liked, commented on, stored, searched and sold. For people who don’t want to worry about unflattering pictures or embarrassing status updates coming back to haunt them, the app’s appeal seems obvious.

According to them, Facebook CEO Mark Zuckerberg met with the startup in December, presumably just before the release of the Snapchat clone Facebook Poke.

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Posted in: BUSINESS

Tags: Android software,apps,Benchmark Capital,Bobby Murphy,Computing,Evan Spiegel,Facebook,Instagram,internet,IPhone software,photo sharing,Snapchat,social media,Software,startup,Twitter,websites,World Wide Web

About the author: Amarendra Bhushan

A journalist, author and serial entrepreneur- Founder and CEO of CEOWORLD Magazine and Lucentbyte Media Technologies LTD. (amar@ceoworld.biz)

Trial and Error

quite interesting how SnapChat has spread like wildfire
Ryan Burhans

Wow congrats! featured at CEOWORLD Magazine…
Elnino Cinta

Congrats!
william davis

well done!
Qiang wang

Goes to show how one simple idea can explode out of nowhere.

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