"Dumb move." "Zero sense." "Remarkably stupid."
That's just a sample of the reaction last year to news that disappearing-message appSnapchat had turned down a whopping $3 billion buyout offer from Facebook. But withnews from Bloomberg this week that Snapchat is in funding talks with China's Alibaba valuing the company at $10 billion, it's safe to say many observers are reconsidering Snapchat's worth.
Could Snapchat really be worth $10 billion? - Aug. 1, 2014
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