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Scott Adams Predicts "Snapchat is TOAST"

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Is SNAPCHAT dying?

  • It's toast

    Votes: 1 9.1%

  • Report of demise are greatly exaggerated

    Votes: 9 81.8%

  • Snapchat is here to stay

    Votes: 2 18.2%
  • Total voters
    11
  • Poll closed .
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Puffin

Puffin

May 4, 2015
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Scott Adams predicts Snapchat's upcoming stock offering will fail soon after floating calling it "a dead company walking". Excerpt taken from Coffee With Scott Adams periscope vidcast from Feb 11th 2017.

The oracle Scott Adams has predicted that snapchat is toast.
What do you think?

How good is the similar instagram features?
 
Snapchat hasn't figured out how to be profitable. I don't think it will.

But its demise won't be immediate; the cash infusion from the IPO will keep it alive for a few years.

To be fair, Twitter isn't profitable yet either. And doesn't look like it will be soon. The difference is that Twitter will likely be acquired by a larger company at some point. But Snapchat has no compelling reason for anyone to buy it.
 
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