Back in 2013, Snap CEO Evan Spiegel resisted Facebook’s offer to buy the company behind the successful Snapchat app. The rejection caused a stir at the time, but in hindsight, it appears the correct decision was made. Snap has since gone public and has a market cap of $23 billion, which is far bigger than the $3 billion offered at the time by Zuckerberg’s all-encompassing social media behemoth.Facebook, though, had just bought Instagram, and a year later would add WhatsApp to its ever-expanding universe. So, things have gone pretty well for both since, leaving everyone “liking” the way things have …read more
Source:: Yahoo Finance
