I'd be interested to hear your response to the point I made in my above comment in this thread. The fact that younger people increasingly view Facebook as uncool is a big problem facing the company; yes, Facebook Inc. still has Instagram, but Zuckerberg himself saw the rise of Snapchat, and tried to buy them out. The stock may be crap right now, but in terms of where people are sharing their minds and their lives (i.e. personal data), Snapchat is very relevant these days. In that way, it definitely does resemble Twitter; it's a very important part of the daily lives of tens of millions of people. I was about to say "daily online lives," but everyone is online for at least half the waking hours of their day now. (And for the record, virtually every B2C Internet stock stays below its IPO price in its first several months.)