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as a threat to FB it worth much more. FB is just too slow to recognize it. Wrt. feeling of immediacy/in-the-moment/real-time we have progression from "archaic grand-ma long form" style of FB status update, wall posting, etc.. -> TWTR -> Snapchat. FB is $100/user, TWTR is $100/user and the $3bn is about the same valuation for Snapchat.

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The real question is how in the world any of these companies are going to making $100/user. I am a user of FB and TWTR and I can't imagine how I will ever make that much money for them. Certainly I can see some money, but not that much. CPM's just aren't that high. Snapchat? not a chance.

> The real question is how in the world any of these companies are going to making $100/user.

How much were eyeballs worth back in 1999? I don't quite remember. Was it more or less than $50 per eyeball?

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