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Lots of companies have regretted passing up on an acquisition, especially one this large and of a company this young. My bet would be that this company is makin
by blindriver 2y ago
Lots of companies have regretted passing up on an acquisition, especially one this large and of a company this young. My bet would be that this company is making the same mistake as Yahoo, Groupon, etc.
- mirzap 2y agoA lot of them didn't, ie, Facebook, Google, Twitter, Netflix, Snapchat. I wonder if this rejection is related to the CrowdStrike incident. Are they expecting or already experiencing a significant influx of new clients? I'm unsure if their services overlap, just curious.
- joedwin 2y agotbh, Google itself rejected the acquisition.
- stairlane 2y agoHow do you know?
- rapsey 2y agoSnapchat is still not profitable and doing very poorly in the public market.
- zaguios 2y agoThe offer was for $3 billion. They are worth $24 billion today… In absolutely no world would have taking that offer been the right decision.