Snapchat turns down $3billion from Facebook & $4billion from Google UPDATE: $10billion valuation

jwinfield

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http://blogs.wsj.com/digits/2013/11/13/snapchat-spurned-3-billion-acquisition-offer-from-facebook/

Facebook is interested in Snapchat because more of its users are tapping the service via smartphones, where messaging is a core function. Facebook has rapidly increased the share of its revenue coming from mobile advertising, but said last month that fewer young teens were using the service on a daily basis.

In June, Snapchat raised $60 million from investors including Institutional Venture Partners; that round valued the company at $800 million.

Three months later, Snapchat said its usage had nearly doubled, to 350 million messages or “snaps” per day, up from 200 million in June.
 

Fury616

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What the fukk is wrong with facebook and google

I downloaded this shyt and I dont see any reason why they offered 3 and 4 billi for this bullshyt :wtf:

It seems like they jump on whatever is hot at the moment. I never used it but I heard it just deletes your message soon as you send it :yeshrug:
 

Jax

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youtube has to be feeling like some idiots now...
One of the creators:

More than eight years after uploading the first video on YouTube, in response to YouTube's change to using Google+ for its comment system, Karim returned to his original YouTube account on November 7, 2013, asking "why the fukk do i need a google+ account to comment on a video?", expressing his frustration at YouTube's mandatory integration with Google+.

:wow: these nikkas all making apps and shyt, living that struggle millionaire life still instead of owning islands:wow:
 

newarkhiphop

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I use the app daily, only cause my sister uses it and it's silly to me, I do see the "coolness" of it but it does feel like a fad app, in the same breath tho it is very basic they could add features to keep there users coming back
 
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