Is Snapchat's Co-Founder Completely Crazy for Turning Down $3 Billion From Facebook?

Entrepreneur's New Year’s Guide

Let the business resources in our guide inspire you and help you achieve your goals in 2021.
1 min read

The internet has been a-buzz since news broke yesterday that 23-year-old Evan Spiegel, the co-founder and chief executive of messaging service Snapchat, turned down a $3 billion offer to be acquired by Facebook.

Three billion dollars ain't chump change. Especially for an app that so far isn't generating revenue.

So is Spiegel crazy or crazy smart for not taking all that money? Let us know what you think by taking the poll below.

Related: This Is the 23-Year-Old Entrepreneur Who Just Turned Down $3 Billion From Facebook
 

More from Entrepreneur

Get heaping discounts to books you love delivered straight to your inbox. We’ll feature a different book each week and share exclusive deals you won’t find anywhere else.
Amplify your business knowledge and reach your full entrepreneurial potential with Entrepreneur Insider’s exclusive benefits. For just $5 per month, get access to premium content, webinars, an ad-free experience, and more! Plus, enjoy a FREE 1-year Entrepreneur magazine subscription.
Create your business plan in half the time with twice the impact using Entrepreneur's BIZ PLANNING PLUS powered by LivePlan. Try risk free for 60 days.

Latest on Entrepreneur