Snapchat is currently #17 of all free apps in the US. I see it much higher sometimes. If you don’t like the app, I get it. But let’s not pretend Snapchat is dead or something.

Ranking top 20 of free apps in US is hardly a barometer of future potential of a company that has never exhibited an ability to return steady profit to shareholders, and hardly bodes well for their future growth prospects.

That has nothing to do with the question “Who uses Snap?”

This thread is about SNAP's financial results, and SNAP's valuation has long been dependent on future growth prospects. Ranking within the top 20 is not a good sign to that end, especially given how SNAP managed to lose $1.5B in the last year and has not put forward any credible plan on how they might make a sustainable return for shareholders.

No, the thread you replied to started with the question I quoted.

375 million people use it every day, up 17% year over year... so a lot of people...

If they can't turn that into revenue, DAU doesn't matter.

> He should’ve taken the offer from Zuck and Meta stocks before the pandemic run up.

SNAP has outperformed FB/META basically every period since Q1 2018, though. If anything, the time to sell out was after the pandemic run-up, in Q3/Q4 2021: SNAP had gained ~365% since the beginning of 2020 versus ~85% for FB/META.

SNAP is currently at its lowest price since March 2019. Coincidentally, META is at its lowest price since Jan 2019. So I guess let's call it a wash?

Ah yes, the "I'm not the target audience and I don't use this product, so no one else uses it" argument.

I do agree with you though that social media is more about being "flavor of the month" and riding popular trends. In that sense, I think one trick social media companies are very risky.

However, Snap has enough inertia to last for some time.