‘Facebook Reportedly Offered $1 Billion to Acquire Snapchat’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “Facebook Reportedly Offered $1 Billion to Acquire Snapchat”.
Adario Strange says, “Investor worries regarding the growing number of potentially overfunded tech companiesseemed to have died down in recent months, but new information surrounding popular appSnapchat could renew talk of a tech bubble.Facebook offered $1 billion in a bid to acquire photo-sharing app Snapchat, according to The Wall Street Journal, citing sources briefed on the matter. Snapchat CEO Evan Spiegel reportedly turned down the offer, although sources did not specify when the offer took place“.
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