Items tagged with Jaime-Sanchez

There was a moment there when the Snapchat guys were feeling pretty hot. Their mobile app was exploding in popularity, and Facebook practically begged to buy the service for a cool, but the company rejected the $1 billion offer--and then the $3 billion offer Facebook made thereafter. You could call it chutzpah or hubris, but hey, Mark Zuckerberg turned down insanely lucrative offers for Facebook when he was just a pup, and he went on to build an empire. So there’s some precedent there, but Snapchat probably wasn’t counting on the wildcard problem of being repeatedly hacked to smithereens, which doesn’t help much when you’re trying to grow your popularity. Credit: Jaime... Read more...