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Want to know what came to mind when I read the article on Business Insider? I’d still tell you even if you don’t: Reports by Business Insider have it that Google wanted to acquire the company for $30 billion in 2016, but a deal wasn’t reached. Remember, Spiegel famously turned down a $3 billion buyout from Facebook in 2013 After the talks between the two companies did not go anywhere, CapitalG, Google’s growth-stage investment fund, went ahead and invested in Snap Inc. in 2016. Fast forward to 2017 and it seems that Snap should have taken the offer because the $30 billion buyout
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