This isn\u2019t the first time that a company has repeated another company\u2019s product. It does stick out a little more though since Facebook has a history of trying to match Snapchat features. The CEO, Mark Zuckerberg, even tried to buy Snapchat in 2013 for $3 billion (keep reading to find out how much Snapchat is worth TODAY).<\/strong><\/em><\/p>\n Well at least Instagram admitted to being a copycat \u2013 Although Snapchat wasn\u2019t mentioned by name in an interview about Instagram Stories, Kevin Systrom (CEO of Instagram)<\/em>, referred to \u201ccompetitors\u201d and acknowledged that \u201cother companies deserve all the credit\u201d for making disappearing photos and videos popular.<\/p>\n Our mission has always been to capture and share the world\u2019s moments, not just the world\u2019s most beautiful moments. Stories will alleviate a ton of the pressure people have to post their absolute best stuff.<\/p><\/blockquote>\n – Kevin Systrom<\/p>\n Snapchat was created as a private messaging service back in 2011.<\/strong> The idea of being able to share \u00a0unflattering photos with friends had younger audiences flocking to it, knowing that it would just stay live for a few seconds without haunting them later on for their parents or an employer to find.<\/p>\n Snapchat has come a far way, with 150 million users that visit the app daily and now being valued at $19 BILLION<\/strong> (I knew you would want to keep reading)<\/em>, it is a threat to Facebook & Instagram. It has released a number of advertising<\/a> products, including facial recognition ads, which brands have been eager to experiment with.<\/p>\n Will this move ignite a head-to-head battle between Instagram & Snapchat? What does this mean for Snapchat?<\/strong> Only time will tell. In the meantime, here are funny Tweets by Snapchat Employees (Provided by Business Insider<\/a>):<\/p>\n Jack Brody, a product designer at Snapchat, likened Instagram’s move to Melania Trump’s plagiarized speech: <\/strong><\/p>\n Step 1: Open Snapchat, Step 2: Use Snapchat Stories instead, Step 3: uninstall Instagram<\/p><\/blockquote>\n https:\/\/t.co\/yhEBAnDrXa<\/a> For their next act, @Instagram<\/a> will be giving a 100% original speech, first written and performed by @MichelleObama<\/a> in 2008<\/p><\/blockquote>\n \u2014 Jack Brody (@jackdbrody) August 2, 2016<\/a><\/p>\n Tobias McGuigan, another employee, busts out some solid hashtag-sarcasm: <\/strong><\/p>\n congratulations to the team at instagram. true #innovation<\/a><\/p><\/blockquote>\n https:\/\/t.co\/nFA4ekug1F<\/a> F’real tho I respect Insta but… dang<\/p><\/blockquote>\n \u2014 Tobias McGuigan (@tobiasmcg) August 2, 2016<\/a><\/p>\n Nick Allen, who works on product at Snapchat, references a previous tweet from last month,\u00a0calling out Facebook’s Quick Updates<\/a>, a Snapchat-like product that Facebook was testing: <\/strong> It’s basically a seasonal event now:<\/p><\/blockquote>\n https:\/\/t.co\/RCrv3R1Wd8<\/a>What Does Instagram Have to Say?<\/h3>\n
Snapchat\u2019s Story<\/h3>\n
\n\u2014 Jack Brody (@jackdbrody) August 2, 2016<\/a><\/p>\n![\"MichelleObama\"](\"http:\/\/www.seowebfirst.com\/blog\/wp-content\/uploads\/2016\/08\/jack-brody-twitter.jpg\")
<\/a>pic.twitter.com\/4dnAJsvKyE<\/a>
\n\u2014 Jack Brody (@jackdbrody) August 2, 2016<\/a><\/p>\n
\n\u2014 Tobias McGuigan (@tobiasmcg) August 2, 2016<\/a><\/p>\n
\nSee previous tweet:<\/p>\n
\n\u2014 Nick Allen (@yaboinick) August 2, 2016<\/a><\/p>\n