Skepticism Over Snapchat

Skepticism over Snapchat

The smartest insight and analysis, from all perspectives, rounded up from around the web: How could a money-losing app be worth tens of billions of dollars? asked James Stewart at The New York Times. Stock in Snapchat's parent company, Snap Inc., closed 44 percent up on its first day of trading on Wall Street last week and rose another 20 percent the next day.

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