Why is Snapchat worth so much?

Related questions

1. How much does Snapchat make a day?
2. How much did they sell Snapchat for?
3. What was Snapchat called before?
4. Is Snapchat a publicly traded company?
5. Is Snapchat profitable 2018?
6. Is Snapchat losing to Instagram?
7. Will Snapchat sell to Facebook?
8. Is Snapchat still popular?
9. Is Google going to buy Snapchat?
10. Is Snapchat closing in 2020?

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