Facebook offers to buy Snapchat for 3 billion...

Serious Business 30 replies 677 views
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queencitybuckeye
Posts: 7,117
Nov 15, 2013 10:09am
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.
sleeper's avatar
sleeper
Posts: 27,879
Nov 15, 2013 10:16am
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.
sleeper's avatar
sleeper
Posts: 27,879
Nov 15, 2013 10:18am
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.
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sportchampps
Posts: 7,361
Nov 15, 2013 10:35am
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
ernest_t_bass's avatar
ernest_t_bass
Posts: 24,984
Nov 15, 2013 10:45am
*they're