Snapchat rejects a big offer from Facebook
November 14 , 2013
Everyone's new favorite photo-sharing service Snapchat rejected a Facebook offer worth $3B. It looks like Snapchat CEO Evan Spiegel doesn't want to consider offers at the moment considering that the company continues to grow users.
Moreover, Facebook's offer wasn't all that great since China's Tencent Holdings offered the company $4B.
Snapchat allows its users to send photos that self-destruct themselves, which makes it appropriate for sending naughty photos to loved ones.
The company has 100M users.