Snapshot View Of Snapchat

Everyday, someone asks me about Snapchat. What is it? Why is it so popular? 

David Pogue, tech editor at Yahoo Finance, did a marvelous job explaining it. I decided to write bullet points, from his lengthy explanation, so you too can know enough about the app to engage in conversations. 

1-Snap, the parent company of Snapchat, recently went public at $24 per share. It’s now  $22.07.

2-The company lost $515 million last year, and $373 million the prior one.

3-Most people who use it are under 25, and 70% of them are female. 

4-Approximately 200 million people use Snapchat every day. They send 20,000 photos a second, and watch eight billion videos a day.

 5-Snapchat is made up of three apps. 

A-10 second self-destructing photos and videos. The app offers overlays on photos.

B-Longer term posts on the user’s time line called “Your Story.” Chats can be conducted by typing, talking, or video calling.

C-A news section is being developed where online publications can post their own content  for you to read: ESPN, Comedy Central, BuzzFeed, People, National Geographic, CNN, and many others.

If you want to know more, watch or read Pogue’s complete explanation. Click here

One thought on “Snapshot View Of Snapchat

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s