13 reasons to turn down $3 billion - Mark Morford
Hey, Evan Spiegel! You’re an adorably post-pubescent, 23-year-old Stanford frat guy/techbro who co-founded an adorably meaningless app called Snapchat, used by millions of teens to send photos of their mall exploits to their friends, photos that self-vaporize almost as quickly as the teens’ interest in smartphone apps that will be sadly irrelevant in ten months unless you’re Facebook or Twitter which no one is I mean thank God!
You just turned down a reported $3 billion all-cash buyout offer from Team Zuckerberg because, well, no one is exactly sure why. Shall we hypothesize? Was it because…?
1) It’s not nearly enough
You can get more. “You can get a helluva lot more!” hiss your slithery, multi-horned advisors from the dank pits of Wall Street, some sort of pallid, sulfurous gas pouring from their black mouth-holes as they speak.
A billion more? Ten? Enough to buy Argentina? Maybe you’ll be the next Instagram! The next Twitter! Because, well… really? That’s a goal? Isn’t wanting to be the next Twitter sort of like wanting to be the next Kia Sportage? The next Heineken Light? Careful what you wish for, darling.
The rest: http://blog.sfgate.com/morford/2013/11/19/13-reasons-to-turn-down-3-billion/
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