Snapchat Rejected Facebook's $3 Billion Offer
Snapchat, a photo messaging application which turned down the $3 Billion cash offer from the world's largest social networking site, Facebook. Snapchat was officially launched in 2011 by Evan Spiegel and co-founder Robert Murphy and later applied by students from Stanford University. "There are very few people in the world who get to build a business like this," Evan Spiegel, Snapchat co-founder