Snapchat Now More Popular Than Twitter Among 18-34s

Remember those crazy Snapchat guys who turned down a $3 billion offer from Facebook for their zero revenue firm? Bloomberg reports they are now in funding talks which value the app at $10 billion. Data from Business Insider shows that 1 in 3 US smartphone users between the ages of 18 and 34 are using Snapchat, twice as many as nine months ago and considerably more than Twitter. If Facebook had bought them out Mark Zuckerberg’s company would now own the three most popular social networks in America…


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Dr Alexander Kogan, the app developer who originally harvested the Facebook data, said…

“I think what Cambridge Analytica has tried to sell is magic and made claims this is incredibly accurate and it tells you everything there is to tell about you. But I think the reality is it’s not that. If you sit down and you really work through the statistics and you think what does a correlation of point three means, those claims quickly fall apart. And that’s something any person with a statistical background can go and do.”

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