{"id":49,"date":"2013-11-18T05:11:01","date_gmt":"2013-11-18T12:11:01","guid":{"rendered":"https:\/\/blogs.ubc.ca\/andreaho\/?p=49"},"modified":"2013-11-18T05:11:01","modified_gmt":"2013-11-18T12:11:01","slug":"snapchats-right-decision","status":"publish","type":"post","link":"https:\/\/blogs.ubc.ca\/andreaho\/2013\/11\/18\/snapchats-right-decision\/","title":{"rendered":"Snapchat&#8217;s Right Decision"},"content":{"rendered":"<p>In response to Alan Huang\u2019s <a href=\"https:\/\/blogs.ubc.ca\/alanhuang\/\">blog<\/a> on Snapchat\u2019s rejection from Facebook\u2019s 3 million dollar acquisition offer, I support Snapchat\u2019s decision. Even though they haven\u2019t generated much revenue, I believe Snapchat had its reasons for rejecting the offer. Facebook, as an incredibly large company, can easily take over Snapchat. Similar to what Comm 101 did in class with the Netflix situation, where some students thought it&#8217;d be the best choice for Netflix to join top companies, such as Youtube. However, coming to a conclusion that the best possible solution for Netflix to continue as a separate company, is to not merge with others, for they can continue to earn profits themselves. Relating back to Snapchat\u2019s situation, they, themselves, have raised $60 million from investors, where they valued the company at $800 million. At this rate, Snapchat\u2019s rejection from Facebook cannot be called as stubborn, but a smart move.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" alt=\"\" src=\"http:\/\/rack.3.mshcdn.com\/media\/ZgkyMDEzLzEwLzI1LzVjL1NuYXBjaGF0ZmxhLjU5MGYyLmpwZwpwCXRodW1iCTk1MHg1MzQjCmUJanBn\/eee5463c\/2a4\/Snapchat-flashy-features.jpg\" width=\"950\" height=\"534\" \/><\/p>\n<p>Sources:<\/p>\n<p><a href=\"http:\/\/abcnews.go.com\/blogs\/business\/2013\/11\/snapchat-doesnt-make-any-money-why-is-it-worth-so-much\/\">http:\/\/abcnews.go.com\/blogs\/business\/2013\/11\/snapchat-doesnt-make-any-money-why-is-it-worth-so-much\/<\/a><\/p>\n<p><a href=\"http:\/\/rack.3.mshcdn.com\/media\/ZgkyMDEzLzEwLzI1LzVjL1NuYXBjaGF0ZmxhLjU5MGYyLmpwZwpwCXRodW1iCTk1MHg1MzQjCmUJanBn\/eee5463c\/2a4\/Snapchat-flashy-features.jpg\">http:\/\/rack.3.mshcdn.com\/media\/ZgkyMDEzLzEwLzI1LzVjL1NuYXBjaGF0ZmxhLjU5MGYyLmpwZwpwCXRodW1iCTk1MHg1MzQjCmUJanBn\/eee5463c\/2a4\/Snapchat-flashy-features.jpg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In response to Alan Huang\u2019s blog on Snapchat\u2019s rejection from Facebook\u2019s 3 million dollar acquisition offer, I support Snapchat\u2019s decision. Even though they haven\u2019t generated much revenue, I believe Snapchat had its reasons for rejecting the offer. Facebook, as an incredibly large company, can easily take over Snapchat. Similar to what Comm 101 did in [&hellip;]<\/p>\n","protected":false},"author":19809,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-49","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/posts\/49","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/users\/19809"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/comments?post=49"}],"version-history":[{"count":1,"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/posts\/49\/revisions"}],"predecessor-version":[{"id":50,"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/posts\/49\/revisions\/50"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/media?parent=49"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/categories?post=49"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.ubc.ca\/andreaho\/wp-json\/wp\/v2\/tags?post=49"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}