Snapchat Spurned $3 Billion Acquisition Offer from Facebook
Speaking candidly here -- perhaps this is one of many (MANY) reasons why I will never be a billionaire entrepreneur, but I can wholeheartedly say that if Facebook came to my startup, no matter how popular, and said "here's 3bn, please give us your users" -- I would without question sign on the dotted line as fast as possible (and probably for A LOT less earlier in the game). And to be honest, I probably wouldn't care how badly they may maul my creation, I'm either:a) sitting on a beach in Costa Ricab) giving a completely different project a shot with my new found richesMaybe I just completely lack vision, but what happens in two years when Snapchat likely isn't cool anymore and all the kids are onto the next thing. Where will the money be?