🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
Login

Back

Vishu Bheda

 • 

Medial • 9m

Facebook offered him $3 Billion for his company. He turned them down. Now, his company is worth 5x what Facebook offered. 5 lessons from the crazy story of Evan Spiegel: Imagine being 23 and turning down $3 billion. Most would call you crazy. Your co-founders might even sue you. But now, Snapchat's worth between $15-30B (based on its market cap this year). The real story is wilder than you think... 2011: Spiegel launches Snapchat as a college project. Facebook offer: $3 billion in cash. Spiegel's response? "Thanks, but no thanks." Why would he do that? The answer reveals everything about Spiegel's character... 1. Double Down on Innovation When everyone said "pivot," Spiegel went all-in on his vision. 2. Focus on the Core User While Facebook chased everyone, Snapchat zeroed in on Gen Z. 3. Embrace Privacy He refused to sell user data or compromise on privacy. 4. Spot Trends and Capitalize Spiegel saw a major trend that allowed Snapchat to succeed.

10 Replies
22
58
Replies (10)

More like this

Recommendations from Medial

Image Description

Ujjval Purani

Consumer apps obsess... • 12m

Did you know ? Snapchat received 3 Billion dollar acquisition offer from Facebook in 2013 they declined the offer and now there current valuation is 15 Billion dollars. Clubhouse received 4 billion dollar offer from Twitter and today they are loos

See More
3 Replies
4
Image Description
Image Description

Vishu Bheda

 • 

Medial • 4m

𝗙𝗮𝗰𝗲𝗯𝗼𝗼𝗸 𝘃𝘀 𝗦𝗻𝗮𝗽𝗰𝗵𝗮𝘁: 𝗛𝗼𝘄 𝗭𝘂𝗰𝗸𝗲𝗿𝗯𝗲𝗿𝗴 𝗖𝗿𝘂𝘀𝗵𝗲𝗱 𝗮 $𝟯𝗕 𝗥𝗲𝗷𝗲𝗰𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝗖𝗼𝗽𝘆-𝗣𝗮𝘀𝘁𝗲 𝗪𝗮𝗿𝗳𝗮𝗿𝗲 𝟐𝟎𝟏𝟑. Snapchat is exploding. Young people love it. Quick, raw, and fun — it feels like the

See More
9 Replies
14
27
Image Description

Chamarti Sreekar

Fcuk imposter syndro... • 1m

Mark Zuckerberg doesn’t believe in interviews. Instead, he asks ONE question to decide if someone's "fit for Facebook." It's so powerful, it built his $100+ Billion leadership team. checkout this video about Mark zuckerberg on Hiring

1 Reply
1
6
Image Description
Image Description

Vishu Bheda

 • 

Medial • 7m

In 2006, Yahoo offered $1B for Facebook. Every advisor told Zuck to sell. But one mysterious mentor told him to hold. Today Facebook is worth $1.5 TRILLION. Meet the hidden genius who saw Facebook's future before anyone else: In 2005, Facebook w

See More
17 Replies
28
43
Image Description
Image Description

Vishu Bheda

 • 

Medial • 6m

From Dorm Room to Billion-Dollar Boom: The Untold Story of Snapchat’s Rise Snapchat began in 2011 as a project by Stanford students with a unique idea: disappearing photos and messages. Reggie Brown thought of the concept and teamed up with Evan S

See More
4 Replies
7
20
Image Description
Image Description

Harsh Verma

Built Different. Bui... • 1y

When Mark Zuckerberg was creating Facebook, he took funds from his friend, why did he need money when he himself was a developer?

6 Replies
4
Image Description

The unknown entrepreneur

I'm a Student who is... • 1y

*Secret strategy of Mark Zuckerberg* 1. He buys Any small company that can grow and compete in the future with his company . Ex he thought that Instagram and WhatsApp will kill Facebook in the future, so he bought both of them. 2. If the company doe

See More
1 Reply
1
5
Image Description

Satyam Kumar

"Turning visions int... • 4m

Snapchat Case Study:-👻 Snapchat was launched in 2011 by Evan Spiegel, Bobby Murphy, and Reggie Brown. Initially focused on disappearing photo messages. Introduced Stories in 2013, Discover in 2015, and AR Lenses in 2016. Revenue sources include

See More
1 Reply
8
Image Description

Mridul Das

Introvert! • 4d

♾️ In 2006, Zuck once turned down $1B for Facebook because he believed in his vision. Now, he’s offering $1B+ to top AI talent—and they’re turning him down for the same reason. In the end, loyalty and mission still matter most in tech.

Reply
12
1

Mahendra Lochhab

Content creator • 6m

Yahoo's $2.36 trillion mistake: 1998: Google wanted to be acquired by Yahoo, so Google offered to Yahoo for $1 million, but Yahoo refused. 2002: Yahoo realized its mistake and offered to acquire Google for $3 billion, but Google demanded $5 billion

See More
Reply
5

Download the medial app to read full posts, comements and news.