We all know that Facebook and Snap Inc. are currently in the middle of a classic Silicon Valley tech battle – this one we might call ‘The Battle of the Stories’.
Snap Inc. first introduced Stories to Snapchat back in October 2013, enabling users to upload an infinite number of photos or videos which would be visible to all of their followers for 24 hours. Soon after, Snap Inc. CEO Evan Spiegel turned down Facebook CEO Mark Zuckerberg’s offer to buy Snapchat for $3 billion, which was the first step in the Stories battle yet to come.
