Scuttlebutt – Google To Acquire Snapchat?
We keep hearing that Google floated an offer of at least $30 billion to buy Snap in early 2016. Three people, including people inside and close to the company, separately confirmed they had heard the chatter and price tag, with one calling it an "open secret" among Snap's upper ranks and certain tech industry circles. The current market value for Snapchat is around $15b, making Google's offer look especially generous; but the value did rise to this area after the...
