Snapchat Losing Value?

Kaylea Herrman

Snapchat losing value?

    Snapchat has been facing a lot of cutback over a controversial redesign.  With a petition to remove the update getting over one million signatures, the company’s value has said to have dropped by 1.5 million dollars.  A lot of this uproar in the last week has come from a tweet by celebrity Kylie Jenner saying she no longer likes the app.  Nick Martell co-founder of MarketSnacks, says that the core reason of this update was to please Wall Street and to make it easier to use to attract a broader audience (other than teens).  Looking at the app store, 80% of the ratings for this redesign are one star, reviews saying they “absolutely hate the update”.  Speaking with some students that go to MHS they said,  “The update makes the app more difficult for me to use, the app isn’t as simple.” -Riya Shah and “No I don’t like it because it is different and hard to use.” -Aliya.  What do you think about the Snapchat redesign?