Comment Crazy claims in summary (Score 4, Informative) 104
...it's easy to see why: in these paranoid times, with the NSA allegedly sniffing around the world's collective inbox, and lots of software on the market designed to snoop into people's lives, it's comforting to have an app that'll vaporize your messages within seconds of their opening
So, Snapchat's wild success is from people paranoid of the NSA who use it to send messages, even though multiple stories have appeared about how Snapchat messages can be saved without the sender's knowledge, and Snapchat's own website lists conditions under which messages will be preserved. Riiiiight.
...it doesn't store user information on its servers
Even assuming it doesn't store images (which it does, see above), to use the application, you connect with people as in any other social networking application. This is definitely "user information," and this metadata (some might even call it data) has value.