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by triptychs 4569 days ago
It is rumored and further "confirmed"[0][1] that Google did offer to buy Snapchat for $4bn, in an effort to outbid Facebooks $3bn.

0. http://www.theverge.com/2013/11/15/5106950/google-snapchat-4...

1. "Confirmed" in quotes because Valleywag cites an unnamed source, and I typically find Valleywag, and Gawker Media on a whole, dubious and not entirely worthy of trust. However, this may have been more solidly confirmed elsewhere as well.

1 comments

Wow. At $4BN, Google could offer over $100 to every Snapchat user. That's sort of insane.

Like offering $6BN to Groupon - They could give away $5 million a day to companies using Google Offers for three years.

Obviously smarter-than-me people are behind these deals, but I just can't figure out how they make sense.