> I don't understand how the existence of [any company ever] adds over [their current valuation] of utility to the economy; furthermore, if [company] fell of the face of the earth, everyone would just switch to [their competitor], and life would resume ut fit. Peter Thiel's quote should be updated: We wanted flying cars, instead we got 1̶4̶0̶ ̶c̶h̶a̶r̶a̶c̶t̶e̶r̶s [trivialization of product's value].

These comments surface every time a company goes public. You may have some valuable information driving this viewpoint underneath, but from this comment it just sounds like useless trolling.

To me at least, Snap seems like a good company with cultish user-base. They have done a good job integrating ads and rich content (some paid content) into their core UX. A difficult feat which Twitter still hasn't solved to this day. They also have an interesting perspective on live events that even FB/Instagram has failed to replicate.