SnapChat 3billion dollar deal (updated)

[TJ]

[update]Google just offered 4 billion. For fucks sake.

Facebook just offered the creators of snap chat 3 billion dollars for rights. And they TURNED THEM DOWWWN. Said they could do better? Hahahaha

Opinions?

Edited November 15, 2013 by TJ

[1 Item]

#YOLO I WOULDA TOOK THE 3B AND SPENT IT ALL ON RS

[TJ]

#YOLO I WOULDA TOOK THE 3B AND SPENT IT ALL ON RS

[TJ]

#YOLO I WOULDA TOOK THE 3B AND SPENT IT ALL ON RS

[A X 3]

Good move by snapchat as long as they keep up and don't get bullied out of what they do

[TJ]

Good move by snapchat as long as they keep up and don't get bullied out of what they do

they don't make anything right now as it is. Maybe a little with ads.

[A X 3]

Good move by snapchat as long as they keep up and don't get bullied out of what they do

they don't make anything right now as it is. Maybe a little with ads.

Hopefully they can expand into something more than what they do now but I'm always in favor of several competitors in any market category. That way innovation can be desired to be the best and most efficient

[Motif]

they probably have some secret ideas

 

 

"Could Snapchat ever be worth MORE THAN US$3 billion?

Of course it could.

Snapchat is one of the fastest growing digital services in history. In only two years, it has amassed a user base of tens of millions of people who use it to send hundreds of millions of messages per day. It also has a powerful network effect: If you want to communicate with people on Snapchat, you have to use Snapchat. And it has many obvious avenues for eventual monetization. (Advertisements, for example. Or add-on services like those sold by the Japanese messaging company Line. And many others. As we pointed out in our “FUTURE OF DIGITAL” deck, attention is monetizable. And Snapchat has plenty of attention).

There is a lot of precedent for companies like Snapchat that initially have “no revenue” going on to be worth tens or hundreds of billions of dollars in relatively short order. And Snapchat is actually growing faster than any of those companies."

Edited November 15, 2013 by Motif

[Andrew]

 

#YOLO I WOULDA TOOK THE 3B AND SPENT IT ALL ON RS

 

[Nearly Godz]

Good move by snapchat as long as they keep up and don't get bullied out of what they do

[#Chris]

 

#YOLO I WOULDA TOOK THE 3B AND SPENT IT ALL ON RS

 

THIS ^ l000ll00l0l0l0l0

[ORP]

fake cuz 2,147,483,647 is max cash

[R3lv]

probably worth around 10b 

[mlaK]

silly thing to say no to, facebook could easily implement snapchats functions into one of their programs like instagram, rendering snapchat useless

[k or as i]

#YOLO I WOULDA TOOK THE 3B AND SPENT IT ALL ON RS

you can buy jagged with that money

[Henrik]

It could be worth more, but they might not get another offer of 3B from Facebook. If things don't go as planned they might have to settle for something less than that. Hard to say really.

[Chase]

id of sold it 

[Jynx]

id of sold it 

[DeltaPapa]

Where did you read 3bn.

 

I heard 1.8b

[GFX]

 

 

#YOLO I WOULDA TOOK THE 3B AND SPENT IT ALL ON RS

 

 

[Nilo]

#YOLO I WOULDA TOOK THE 3B AND SPENT IT ALL ON RS

[Rhin0TankRS]

#YOLO I WOULDA TOOK THE 3B AND SPENT IT ALL ON RS

[Kid Ink]

would of took

[Flexin spec]

3b ? wow.

[TJ]

Where did you read 3bn.

I heard 1.8b

Good morning America

Google just offered 4B

Edited November 15, 2013 by TJ