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Google Reportedly Offered Snapchat More Money Than Facebook

It seems that Facebook may not be the only Silicon Valley giant that has been beguiled by the gone-in-several-seconds photo app Snapchat. Following rumors that Facebook offered to ... More It seems that Facebook may not be the only Silicon Valley giant that has been beguiled by the gone-in-several-seconds photo app Snapchat. Following rumors that Facebook offered to acquire the app for $3 billion , a report from Valleywag says Google made an even bigger offer . According to the report, which cites sources familiar with the deal, Tencent was the first suitor to value Snapchat at $3 billion to $4 billion. Google, which had been approached for "strategic investment" at around the same time, heard about Tencent's interest in Snapchat, and decided to top the Facebook offer. Find more Wochit videos on Yahoo Screen. Less

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