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Snapchat $3 Billion Rejection Letter to Mark Zuckerberg

• yyl 13y ago
  privileged and a douchebag, star CEO
  • loceng 13y ago
    It's a satire piece, not actually written by the CEO ...
• minimaxir 13y ago
  Editor's note: This is a satire, but you already knew that, right? In case it's missed.
• deleted 13y ago
  [deleted]
• cousintuco 13y ago
  This is funny, but at the same time, I don't think turning it down was so crazy. The founders already got to take $10MM off the table, so anything they do now is fairly risk free. Might as well shoot for the stars. As a platform, I think it's much more interesting than FB. FB updates are more of an announcement (that I scroll through thinking "don't care"), while snapchats are like playful messages than make you feel like someone is saying "hey" without an agenda.
• cylinder 13y ago
  There's an unspoken rule that satire should be funny.
• malandrew 13y ago
  $3 billion cash is a no brainer. I for one would certainly feel schadenfreude if SnapChat becomes Digg 2.0, spurning a heck of an offer and then losing steam and becoming the redheaded stepchild of startups. $3billion is a heck of a price for a company that is super popular but has little to no lock in. It's only worth $3 billion because there are three major competing social networks (Google, Twitter and Facebook) and Facebook doesn't need it, but doesn't want either Twitter or Facebook to have it. I can't even imagine what companies like Tencent think they'll get out of acquiring SnapChat.