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by marcell 3145 days ago
From the article:

> But it did not work with Snapchat and Evan Spiegel, who seems to have turned down Facebook’s $3,000,000,000 without hesitation or second thought.

I think it did work out pretty well for Evan Spiegel and Snap Inc., since they're trading at around $18B on the stock market despite lots of concerns around their business...

2 comments

You are comparing 3 billion cash in pocket vs 18 billion paper money. How much stock has he sold so far?
He's made more than he would've gotten. Insiders sold way ahead of the game, though not all their shares.
closer to $16B in after hours action, who knows what tomorrow will bring?