‘Snapchat Rejects Facebook’s $3B Bid’ – ‘The Forrester Blog’
The latest article on ‘The Forrester Blog’ is titled “Snapchat Rejects Facebook’s $3B Bid”.
Julie Ask says, “If you believe the idiom “a bird in the hand is worth two in the bush,” then Snapchat believes it will be worth more than $6B to a future buyer – or the public through an IPO. The service is appealing not just for the UI, but also for the limited time the content is stored. That appeals to me as a middle-aged adult let alone a teen with poor judgement who may be applying for college or a job in a few years. We’ve probably all felt awkward at some point about something someone posted.
If you believe the movie, “The Social Network,” Mark Zuckerberg was also advised to turn down early offers. Remember the shockwaves that rippled down the west coast when Microsoft invested $240M in the fall of 2007 for what is now a 1.6% stake or $1.36B valuation? (See Source)”.
Comments are closed.
