Nikita Puri discussed Snapchat’s rejection of Facebook’s offer to buy the company for $3bn, her view of which I completely agree on. I remember first seeing the news on newsmap, and wondering why on earth Snapchat would refuse such an offer. But then again, this is a company that in two years became worth nearly $1bn. Initially one would think such a move is too bold for such a company, which doesn’t even make any revenue. However, the company’s value increased nearly tenfold when they released their IPO, so who knows, maybe they have a plan up their sleeve to make them worth more than $3bn as well?