Also, they have the scale to start testing monetization, but they are not, because they'd rather increase the value of their exit to an acquirer by growing users.
They want a larger exit.
> People build companies to flip all the time.
This doesnt seem to apply to SnapChat as they just decline huge exit offer. I mean what bigger proof you need than $3B ?
> They could just be young, foolish, and arrogant
you mean VCs with hundreds of years of experience (combined) that do VCiing for living? Don't think so.
@wensing
> They want a larger exit.
Most likely not. Did Facebook look for "a larger exit" ?