Again the only reason snapchat, uber, whatsapp are "worth" billions of dollars is because of QE .... That's the only reason.
FB bought Instagram for $1 billion. Now worth $35 billion. http://techcrunch.com/2014/12/19/instagram-35-billion-valuation/
1Bil for a app which lets you send photo's that disappear quickly and text WOWSA, surely some facebook coder could knock up a similar app in a day or 3 fairly easy. The world has gone MAD I swear!!
you fools actually believed facebook would pay $3 billion cash or even pay fraction to some chat software? it's market gimmick so you fools think that facebook is worth $100 billion