Snapchat mania and the problem of IPOs

Snap Pops At Market Open To $24, Valuing Company at $33 Billion https://t.co/xRpKv7UUo6

— Forbes (@Forbes) March 2, 2017

IPO's are hype, hype, HYPE, H Y P E

Contrast with boring General Mills! They have a nearly equal Market Capitalization.

See IPOs are the shiny objects of investing Source of image below

Nobody thinks $SNAP stock is worth the price https://t.co/vdN9ocpfNf pic.twitter.com/o2sp5UDJRO

— MarketWatch (@MarketWatch) March 4, 2017

Who bought Snap shares? Millennials did https://t.co/owRY0TdegY

— Wall Street Journal (@WSJ) March 4, 2017

Money sucking $SNAP backs - suckers who made millionaires of others suffer regret pic.twitter.com/tWeSgqBgDG

— James Peet (@jrpeet) March 7, 2017

SNAP killer

Facebook snaps back, launches its Snapchat-type feature globally https://t.co/kKyoxlGs7E

— James Peet (@jrpeet) March 9, 2017