Snapshot is a photo sharing application that was designed at the Stanford University about two years ago. This app basically allows users in sending images which gets self-destructed within 10 seconds and hence the prevalence of this app has increased tremendously.
This application has been taking bites out of the famous social networking site Facebook after the total value of the app peaked to about $800 million. Mark Zuckerberg, the founder of Facebook, is one of the million users who are prone to the use of Snapshot. Many financial hot-shots of the world have invested on this application and Spiegel, the creator of this app has hired the best engineers of the world so as to take the position of Snapshot many steps higher, making it a multi-million dollar business. The question which remains now is if the application Snapshot is worth the investment it has been entitled to?