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Snapchat turns down $3B offer fron FBook

Kitten Diver

By Kitten Diver,
in Huddle Lounge

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Swan Newbie

Swan

Posted
Posted

As a 20 year old at a large educational institution (UT Austin), I can say that this app is WIDELY used. It's not only for titty/dick pics, but many people do use it for that purpose. It's just like any other "modern" iOS social media app, like instagram and vine. It was a clever idea, but I mean, it's just a flash in the pan. I don't think the app is sustainable enough to generate more profit in, let's say, 5 years. 

 

All you old geezers are fascinated with social media and titty pics hahaha

:P

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Panthro Community Regular

Panthro

Posted
Posted

Shoulda taken the $3Billion.

 

Technologies like this are fad-esque and as soon as it is deemed not cool....its done for

 

Also trying to think of a business use for it. Facebook wants it because it has a huge demographic that facebook has admittingly been losing. teens

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Zaximus Grand Master

Zaximus

Posted
Posted

I think it was pretty dumb to pass up this.  3 BILLION dollars?  His family for generations would be set.  You could take that money and create something else, and this time not worry about loans or anything.   It is true, technology comes and goes, you make money when you can and run.  Look at MySpace and how quickly its value fell?   

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Zaximus Grand Master

Zaximus

Posted
Posted

That's an insane amount of money, they should've taken it.

 

I heard that fb had offered them like $1B last year... maybe they're waiting for more... I have a concept of what you can do with $3B.  Maybe they don't...

 

Exactly.  My concept is not having to work ever again, swimming in 100 dollar bills, getting a fruit punch fountain in your room like Mr. Deeds, seeing any sporting event you want, etc.

 

Greed may turn out bad for this guy.  We'll see though.  I mean how much isn't enough?

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