Thanks for mentioning about the company. I've never heard about it until now. Surprisingly enough I had to look at Wikipedia to know what they do and further details. Their website currently gives no clue about anything they do but a new product called "Stories", which for newcomers like me means zilch.

>Snapchat's CEO turned down a cool $3 billion

Because word is he's getting offers for over $4 billion

And next week somebody will post that Apple offers $5 billion.