Snapchat: The Biggest No-Revenue Mobile App Since Instagram
In April 2011 Evan Spiegel stood up in a Stanford product design class to present an idea for his final project. It would be a mobile app, he explained, where friends could share photos that would disappear—forever—in a matter of seconds. “Everyone said, ‘That is a terrible idea,’” Spiegel remembers. “Not [...]
http://www.forbes.com/sites/jjcolao/2012/11/27/snapchat-the-biggest-no-revenue-mobile-app-since-instagram/#2b2caf3a3ac1