Facebook Wanted To Acquire Snapchat.


Facebook’s Mark Zuckerberg reportedly wanted to acquire Snapchat in deal worth more than $1 billion

snapchatAs mobile messaging service Snapchat looks to potentially raise $200 million in funding, there’s word suggesting that at one point Facebook CEO Mark Zuckerberg had approached the company in an attempt to acquire it. Sources tell The Wall Street Journal that the offer for the startup was north of $1 billion — the amount that Zuckerberg paid for Instagram the day after Facebook went public.

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