Snap founder says TikTok could dethrone Instagram

Evan Spiegel knows a thing or two about the social space. For eight years, his startup, Snapchat, has been chasing giants in this space. And now he thinks a new competitor, TikTok, the short-form video app, has the potential to dethrone Instagram as the world’s third-largest social application — if you aren’t including chat platforms like Messenger, WhatsApp, or WeChat. During a fireside chat yesterday, at Digital Life Design (DLD), Spiegel responded to an audience member ques