I am saying that valuing a company at a value $10B or $100B it's not outrageous in any way. You said you cannot take seriously any VC that values a company above $10B implying that no company can go above $10B or that they are somehow insane to think that could happen.

This is simply no outrageous in any way and it was likely a very competed investment - I do think that Snapchat can achieve a value much larger than $10B or even $20B. Outrageous I would say is $1 trillion.