Snapchat is worth 3-4 billion because someone offered to buy them or invest for a percentage that valued them at that price.
People arguing whether or not it is worth that price are silly. It's like arguing whether a house is worth the asking price. It is if there is a buyer who values it at that price.
People arguing whether or not it is worth that price are silly. It's like arguing whether a house is worth the asking price. It is if there is a buyer who values it at that price.