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Comment on Snapchat has raised $485M more from 23 investorsparent

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I don't see fb going out of business anytime soon because their more lucrative market (middle-agers who actually have money, rather than their kids who don't) isn't going to be jumping ship. They're completely captive and the switching costs for people in their 30s-60s is so much more mentally taxing than for teens & young adults.

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