Re:Snapchat Spurned $3 Billion Acquisition Offer from Facebook
by the_watcher on Wednesday November 13, 2013 @02:18PM
(#6727642)
>> 1. Facebook figures Snapchat is worth $3B, and
They probably don't. They are in land grab mode for users, and SnapChat has the young teen audience that Facebook (relatively) struggles with (which, for whatever reason, seems to bother Wall Street). They probably bid far beyond what they value it at currently, assuming they can find a way to monetize it later once they have the users.
They probably don't. They are in land grab mode for users, and SnapChat has the young teen audience that Facebook (relatively) struggles with (which, for whatever reason, seems to bother Wall Street). They probably bid far beyond what they value it at currently, assuming they can find a way to monetize it later once they have the users.