It’s mostly teens,”bros”, women, and gays sending stupid photos of themselves with stupid captions.
And this is “worth” something? I suppose like the Angry Birds company was worth a lot as well, until the next fad came along.
I don’t see the value in any of these websites. The only “inventory” is a website address and a fickle public that could stop using it and run to the next fad. Remember myspace?
And a billion bucks ain’t want it used to be. In 1992 Ross Perot was a big deal with 3 billion. Now that won’t even get you on the top ten list.
And this is worth something?
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Advertisers like to be able to reach idiots with money.