The product is different.. maybe. But that is not the point.
OP of my reply was talking about how crazy it is for Snapchat to reject a $3 billion buyout offer. My reply was that Zuck just a mere 7 years ago rejected a $1 billion offer and people thought he was crazy for doing that. He obviously wasn't.
I understand that part. However, my point was that the Facebook product in itself has many more opportunities for monetization than SnapChat. SnapChat has eyeballs, but no data, no platform, no secret sauce. I mean, apart from in-app purchases and/or advertising, what can you think of that could generate revenue for them? Facebook, even 7 years ago when Zuckerberg turned down $1B, had much greater potential.
OP of my reply was talking about how crazy it is for Snapchat to reject a $3 billion buyout offer. My reply was that Zuck just a mere 7 years ago rejected a $1 billion offer and people thought he was crazy for doing that. He obviously wasn't.