Recently famous company, Snapchat is going under a fast-paced growing stage. Only 3 years old, this start-up company has already turned down an offer worth millions of dollars and made to the top list of tech companies leaders. Snapchat is an app available for iOs as well as Android, wich allows people send pictures and videos in a determined amount of time, which will disappear after that set time. The company itself has this as its point of difference, making it unique, and by being a tech company that offers an online service to consumers stables its point of parity.
Although not sure of the official reasons for the offer’s rejection, many close sources say it was due to the confidence of Snapchat’s leaders that the business was worth more in the long run than the recent multibillion-dollar proposal. The business should stay focused, and with the merely intention to grow, because as it happened to many other companies in the tech industry, it can disappear or even be substituted by a newer and more creative idea.
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