If video views equal ad dollars, than Facebook (FB) has a huge Snapchat problem. Over the last three quarters, Snapchat has seen daily video views surge beyond those of the social media giant. In the last quarter alone, Snapchat had a commanding lead at 10 billion per day versus roughly 8 billion for Facebook. Is Snapchat a big threat to Facebook at the current market valuation of nearly $340B? Disclosure: No position