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Excerpt from Mashable -- "'It really becomes a question of what are you pricing it against,' Damodaran told Mashable in an interview. Snapchat may not be worth $10 billion to investors by itself, but if the market already values Twitter at $30 billion-$40 billion, then the Snapchat valuation may make more sense. 'Twitter, after all, is not that far ahead of Snapchat,' he argues."

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