The company seems near dead and still headed in the wrong direction. Every feature they have can be replicated by others, as shown by Instagram. Or there is no reason some new upstart for younger people can not replicate it.

Snapchat seems obsessed with those snap glasses too. They were a failure on the first release and they still seem to be pushing it to this day as a big part of their strategy. I don’t think consumers are ready to commit to a wearable like that, at least not yet.