You might have heard earlier about how Facebook had reportedly tried to buy Snapchat for a whopping $3 billion, an offer which many are still wondering why Snapchat decided to turn down. As it turns out Facebook was not alone when it came to showing interest in the app, and according to a tweet by GigaOm founder, Om Malik, he reported on a rumor that he had heard on how Google had also attempted to buy Snapchat and that the search giant actually managed to outbid Facebook by offering up an eye-watering $4 billion instead.
Google’s plan for Snapchat was basically to leave it as it is, and keep it as a standalone app much like how Facebook did with Instagram. Unfortunately despite being offered so much money, Snapchat’s CEO, Eva Spiegel, was reported to have decided to turn both offers down because he believed that at the rate Snapchat was growing, it would be valued much higher further down the road. Was this a wise move by Spiegel to turn down $4 billion from Google? Hopefully it is, and hopefully this will not be the story of how Friendster was offered $30 million by Google but turned it down, and eventually faded away in obscurity.
- 2014-04-22 Motorola And Lenovo's First Smartphone Reportedly Coming This Fall
- 2014-04-22 Nest Thermostat Is Now Available From The Play Store
- 2014-04-21 Nest Thermostat Briefly Spotted On Google Play
- 2014-04-21 Flippypad Concept Shows How Project Ara As A Handheld Gaming Console
- 2014-04-21 Leaked Android Dialer App Screenshot Shows Slight Makeover
- 2014-02-20 Google Reportedly Offered WhatsApp More Than $19bn In Last-Ditch Effort
- 2014-01-06 Snapchat CEO Reveals Why They Turned Down Facebook's $3b Offer
- 2013-11-19 Snapchat Overtakes Facebook In Photo Uploads
- 2013-05-08 Facebook Is Now Kind Of On Google Glass
- 2012-12-17 Facebook rumored to be working on a Snapchat app of its own