To note: "According to the report, Google offered to buy Snap just before the company raised money for its Series F funding round that valued the company at $20 billion. The $30 billion offer is potentially still on the table, according to one source."
An acquisition by Google does make sense since they have unlimited cash and a lack of a social media product. For SNAP, they are on the road to bankruptcy if nothing changes.
Submitted August 03, 2017 at 02:36PM by clvfan http://ift.tt/2v1n08D
