According to Batrawi’s post, it says “You might consider this crazy, but Snapchat owners have just recently refused Facebook’s offer to buy Snapchat for 3 Billion US Dollars! Yes, $3 billion! This implies that Snapchat owners value it at a higher price than 3 billion dollars, but is it really worth what they think it is?”

This post has led me to ponder about the rapid pace of social media, and most importantly, how fast a new media can be launched and then smothered by other new ones within such a short period of time! This thought might not seem to be relevant to the post; however, it indeed raises a question to whether Snapchat believes what it is worth is correct.

In this day and age, new apps are launched everyday, and the public try them out. Some apps become a popular trend within a short period of time; however, many can be forgotten once new apps are out in no time. This is an era of information overload where the pace of launching new channels for social media is so fast!

That being said, Snapchat might possibly face a decline very soon, so would that be a wise choice to sell it now? Or not? We’ll know the answer very soon in the near future.