RumorTT: Google offered $4 billion to Snapchat, which was turned down

RumorTT: Snapchat refused a $4 billion acquisition offer from Google.

@anthony256
Published Sat, Nov 16 2013 11:34 PM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

It was only a few days ago that we reported that Snapchat refused a $3 billion acquisition offer from Facebook, but now unnamed sources of Valleywag have said that Google offered the company $4 billion, which it also turned down.

RumorTT: Google offered $4 billion to Snapchat, which was turned down | TweakTown.com

The same sources say that Snapchat is going to wait until next year to raise funds, because it wants to increase the number of photos its users share each day to more than the number of photos shared through Facebook each day. If this does happen, the valuation will be exponentially more, which will make the current $3 and $4 billion offers feel like nothing. If it were me, I'd be happy with $4 billion...

NEWS SOURCE:bgr.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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