"Snap is still relatively small; its 150 million daily user base pales in comparison to Facebook’s 1.2 billion, and its success is far from assured. In its novelty, it can sometimes veer toward the bizarre and inscrutable. And it’s not obvious that all of its advances are positive. (For instance, I’m not sure that it’s always better for our relationships to lose a record of our chats with friends.)While We Weren’t Looking, Snapchat Revolutionized Social Networks - The New York Times
Yet it’s no wonder that Facebook and its subsidiaries appear obsessed with imitating Snap. As a font of ideas that many in the tech industry hadn’t considered before, Snap isn’t just popular, but also increasingly important.
“Regardless of what happens, they’ve reshaped the social media landscape,” said Joseph B. Bayer, a communications professor at Ohio State University who has studied Snapchat’s impact on how people communicate. “They’re making risky moves, trying to rethink what people want online as opposed to taking what’s already been done and adding a new flash.”"
Wednesday, November 30, 2016
While We Weren’t Looking, Snapchat Revolutionized Social Networks - The New York Times
Also see Snapchat’s Path to a Big Payday (NYT)