Snapchat has become one of the most popular social networks of today. It was started up by two men in their twenties. Snapcaht makes no money along with other tech companies such as Tumblr or Instagram. These men have been offered extreme amounts of money for their company, including a multibillion-dollar proposal from the biggest social network of them all; Facebook. Why on earth would they decline such a magnificent offer? It's not that they don't want the billions of dollars, but rather they fear that making a deal now they would miss out on many more billions that they could potentially gain from this app. And this, ladies and gentlemen, is a perfect depiction of greed.
http://www.nytimes.com/2013/11/14/technology/rejecting-billions-snapchat-expects-a-better-offer.html?_r=0
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