Snapchat CEO Reveals Why He Rejected Facebook's $3 Billion Offer<br /><br />Snapchat shocked much of the tech community late last year when a report in the Wall Street Journal revealed that it had turned down a $3 billion cash acquisition offer from Facebook. Now, Snapchat's CEO has offered an explanation for why he hasn't sold the company yet.<br /><br />"There are very few people in the world who get to build a business like this," Evan Spiegel told Forbes for a cover story profiling the cofounder and CEO, which was published online Monday. "I think trading that for some short-term gain isn't very interesting."<br /><br />http://mashable.com/2014/01/06/snapchat-facebook-acquisition-2/
