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Will Snapchat Lose to Facebook & Instagram? We Don't Think so (Wechat) | My First Million Podcast

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Will Snapchat lose to Facebook and Instagram? We don't think so - Snapchat is becoming a platform for mini-applications similar to Wechat. Snapchat already has an app integrated into its platform called Headspace, an app for meditation. With our futurist like an explanation on this situation, we expect Snapchat to become a popular platform for more mini-apps in the near future. We think this is just the beginning of Snapchat mini-apps and Snapchat is being forced to make big moves to compete with Facebook and Instagram.

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My First Million is hosted by Shaan Puri and Sam Parr. We celebrate builders, even if they fail. And give you the tools to help you turn your scheme into a reality.

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Sam Parr is the founder and CEO of The Hustle, a daily newsletter that delivers bold business and tech news -- trusted by over 1 million readers.

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Check out Exit Strategy, our podcast hosted by Moiz Ali, founder of Native, a direct-to-consumer deodorant brand that he sold to Procter & Gamble for $100 million just 28 weeks in. He interviews some of the world’s top entrepreneurs, unearthing the tips and strategies you can use to build your own unicorn.

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