Just a reminder that Blue Apron is the billion dollar unicorn IPO of 2017 is now a penny stock

Despite the memes, Snapchat is legit tbh and will eventually see massive gains once(or if, sadly) millennials and gen z accumulate disposable income with career advancement. The app is an essential staple in d2d life for many in that demo and that's unlikely to change moving forward. On the other hand it's not marketable to boomers/gen xer's due to lack of users, also Facebook still dominates the marketshare among those that use the product via intrinsic worth(which is really all that matters in speculation/forward evaluation). Thus snapchat will continue to "underperform" until capital accumulates in it's primary user base to support a higher price.

/r/investing Thread