Snapchat – The guys that turned down a $3 billion offer for a $0 revenue company

Forever Learning More

A lot has been happening at Snapchat HQ over the last few weeks. The app, which started as an easy and safe way to send revealing photos, courtesy of its disappearing images technology, has blossomed into a 3 year old company that enables users globally to send fun photos that won’t linger on their timeline.

In early September, at the Techcrunch DisruptSF conference, Snapchat announced that they were seeing over 350 million snaps sent every day. This represents huge continued growth; in June they were delivering around 200 million. The company, which has raised over $70 million in investment to date, has proved that they have captured the attention of a superbly large and interactive user group. This growth has prevailed through the persistent questions over the formation of the company, with founders Evan Spiegel and Bobby Murphy (and now early investors) under the continued legal pursuit of the…

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