Technology has the greatest amount of social implications. Snapchat has had many social implications such as the following. Snapchat has been being used for sexting. CNN in their article Snapchat: Sexting tool or the …show more content…
Snapchat is really the value of a company by the amount of sources supporting the company. “The Sending of these long lasting photos to each other, is suddenly and surprisingly worth $10 cents per billion”. That has been the driving force behind Snapchat's three rounds of funding. In August, the company held a $20 million round of funding. That valued the company at an amazing $10 billion. According to the Wall Street Journal Snapchat is tied for the fifth highest-valued startup. The company now claims 1.32 billion users who check in every month, a figure that represents an extraordinary 20 percent of the world’s population. But what about tomorrow? What happens when the business cycle finally hits its next