OK, regular readers of AdScam know that through a combination of many years of drinking, smoking and shagging… See previous post… My faculties are not what they used to be… And, that I do tend to rant a bit about social media, but I am still somewhat mystified about how venture capitalists continue to pour money into social media start ups that have not even a fucking shred of a business model. The latest is “Snapchat.” You know, the one you use to send pictures of your dick to your Head Mistress, safe in the knowledge that it will disappear after six seconds and you will be untraceable forever. And if you believe that, I have a fucking bridge you might be interested in! The New York Times' in an article reports that Benchmark Capital invested $13.5 million, which values Snapchat at $60 million to $70 million. So, does this mean your nudie pics disappear after six seconds, but your hemorrhoid cream ads live forever?
Forty six days, and counting!!!
OK... Just give me $10 million!