I am really confused. I thought snapchap "turned down" the money because they wanted to see next quarter's numbers before opening a conversation about an acquis

I am really confused. I thought snapchap "turned down" the money because they wanted to see next quarter's numbers before opening a conversation about an acquisition. They didn't say "no we're not selling", they said something along the lines of "talk to us in 6 months". I can't find the source but that was my initial impression when I read the first article on this topic.