Why Would Snapchat Turn Down a $3 Billion Cash Buyout?(blogs.wsj.com)

5 pointsby lettergram13 lat temu2 comments

blogs.wsj.com

Why Would Snapchat Turn Down a $3 Billion Cash Buyout?

http://blogs.wsj.com/digits/2013/11/13/why-would-snapchat-turn-down-a-3-billion-cash-buyout/

2 comments

Snapchat is cool and tomorrow it can be uncool. They have around 30 million users and valued $3 Billion is insane. Instagram was worth $1 Billion because of it's system and users but SnapChat doesn't deserves to be a Billion dollar company.

It a good investment for investors because they can always use exit strategy. SnapChat will eventually use advertising and then diversify to other products if it doesn't gets buy out.

danvoell13 lat temu

Friendster and Digg and MySpace probably imploded when the founders were in high school. Years ago...