Comment on Snapchat Lost a Ton of Money Last Year

Snapchat Lost a Ton of Money Last Year

In 2013, teenage attention-pit Snapchat turned down a $3 billion buyout offer from Facebook, which is only not an insane and arrogant decision if you’re going to reap so much profit that you’re eventually worth more than that. Internal financial documents obtained by Gawker show Snapchat was very far from profitable last year.http://valleywag.gawker.com/confirmed-snap... Read more...

 

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