Facebook offers to buy Snapchat for 3 billion...

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Q

queencitybuckeye

Senior Member

7,117 posts
Nov 15, 2013 10:09 AM
Ironman92;1535862 wrote:Care to tell me what you are going to buy that 3 billion can't buy. I think you being the richest guy in Illinois should help you with your suffering.
He wouldn't (would be top 10, maybe top 5), but your point is accurate. While the difference between 0 and 3 is less than the difference between 3 and 10 in numeric terms, in practical terms it's the polar opposite.

Sell this one and invent the next cool thing.
Nov 15, 2013 10:09am
sleeper's avatar

sleeper

Legend

27,879 posts
Nov 15, 2013 10:16 AM
SportsAndLady;1536074 wrote:Oh i definitely think he should have taken the 3B offer. I just don't agree with saying once you have 3B there is no difference between that and 10B
There is very little difference in lifestyle.
Nov 15, 2013 10:16am
sleeper's avatar

sleeper

Legend

27,879 posts
Nov 15, 2013 10:18 AM
I also read somewhere that the founders were given $10-20 million by VCs in one of the funding rounds to prevent them from getting acquired. Its not like these guys are poor even if the company goes bust.
Nov 15, 2013 10:18am
S

sportchampps

Senior Member

7,361 posts
Nov 15, 2013 10:35 AM
Well their supposed to get an offer from a Chinese group on investors at 4 billion very soon. I've read their gonna hold out to early 2014 so they increase users and are worth even more then 4 bil
Nov 15, 2013 10:35am
ernest_t_bass's avatar

ernest_t_bass

12th Son of the Lama

24,984 posts
Nov 15, 2013 10:45 AM
*they're
Nov 15, 2013 10:45am