Did Facebook Buy Snapchat at Buying

Did Facebook Buy Snapchat. Turning down a $3bn offer made snapchat famous for its bold vision. There was no great benefit of buying the company since they could easily create something similar.

Last month top tech blog all things d reported that the company was in negotiations with china’s tencent over an investment that. Spiegel famously rebuked mark zuckerberg’s offers to buy snapchat, and is known for following his gut over outside advice. The offer was turned down.

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The snapchat guys told facebook to take a hike. So, facebook did what any smart company with deep pockets would do — it tried to buy snapchat, for a reported $3 billion according to the wall street journal , which broke the news. There was no great benefit of buying the company since they could easily create something similar. Last month top tech blog all things d reported that the company was in negotiations with china’s tencent over an investment that.