Description: While some might have been shocked this week by the multi-billion dollar offers the start-up Snapchat turned down, I found something else entirely perplexing about the valuation of this little company: just how quickly it grew.

Source: NYTimes.com

Date: Nov 15, 2013

Link: http://bits.blogs.nytimes.com/2013/11/15/from-university-class-project-to-billion-dollar-valuation/?ref=business

Questions for Discussions:

• What does this article have to say to managers about software targeted at teens?
• Would you have sold the firm for $3 billion?