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Snapchat
Description
Snapchat is a photo messaging application
developed by Stanford University students.Using the
app, users can take photos, record videos, add text
and drawings, and send them to a controlled list of
recipients. These sent photographs and videos are
known as "Snaps". Users set a time limit for how long
recipients can view their Snaps (the range is from 1 to
10 seconds), after which they will be hidden from the
recipient's device and deleted from the Snapchat
server.
Interesting Facts
•

Evan Spiegel (CEO) dropped out of Stanford 3
credits shy of graduation (not recommended)

•

350 million ‘snaps’ per day (September 2013)

•

20.8% iPhone Users in U.S. (August 2013)

•

December 2012, Snapchat prototyping monetizing
features
How to Use
How to Use
Secret Sauce

Patent on recording technology 

(one tap takes photo, holding
button records video)
Competition
Market Share of Photo Sharing Apps
SnapChat vs. Instagram

350M vs 55M
Photo Shares per day
Will it Succeed?
•

Yes!

•

Facebook believes so ($3 B offer)

•

Google also believes so ($4 B offer)

•

Monetization
•

1st - In App Purchases

•

2nd - Native Advertising
Advertising Example
Software Engineer
Questions?

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