Why Is Snapchat Worth 24 Billion Dollars?

It is not. Valuations differ significantly in value, in the same way, “greater-fools” differ significantly from people who think independently.

It just happens the world is full of “greater fools” to whom you can sell a lot of junk, as the snake-oil accelerant to the evolution of humanity. Until, of course, after the dust of the final run of its financial engineering has settled post-IPO, and even “greater-fools” have figured out the bottom of make-believe is bound to fall out.

I love and believe in the value of technology, not in the distribution of false promises by technology, a ruse I see-through. And my twelve-year-old daughter who asked the question, representing the next generation of independent thinkers and users, I am glad to discover, does too.


The sign of an intelligent nation is its willingness and ability to reinvent itself, upstream. Let’s inspire the world with new rigors of excellence we first and successfully apply to ourselves.

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