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theadvancedapes  ·  4064 days ago  ·  link  ·    ·  parent  ·  post: Facebook offered $3 billion for Snapchat. Evan Spiegel said no.

I personally think he has made a HUGE mistake turning this down. As the article points out, it is hard to see how Snapchat can even make money, and I don't think his potential demographic is anywhere near as big as Instagram's (Facebook purchase) or Tumblr's (Yahoo purchase).