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You aren't taking into account the value of money to people that are already rich. Also, they have the scale to start testing monetization, but they are not, b

by wensing 13y ago

You aren't taking into account the value of money to people that are already rich. Also, they have the scale to start testing monetization, but they are not, because they'd rather increase the value of their exit to an acquirer by growing users. They want a larger exit.

joering2 13y ago
@wpietri > People build companies to flip all the time. This doesnt seem to apply to SnapChat as they just decline huge exit offer. I mean what bigger proof you need than $3B ? > They could just be young, foolish, and arrogant you mean VCs with hundreds of years of experience (combined) that do VCiing for living? Don't think so. @wensing > They want a larger exit. Most likely not. Did Facebook look for "a larger exit" ?