Snapchat thinks it’s worth more than $3 billion. Snapcat, a similarly named but unaffiliated photo-sharing application designed for cats, probably isn’t, but that’s OK.
Facebook offered the hefty price for Snapchat
in the hopes of scooping up the app’s adoring teenage fan base, which can’t seem to get enough of disappearing photos, Bloomberg News reported earlier this month. Facebook hasn’t expressed the same interest in acquiring feline users. That’s a shame because you could buy some serious Fancy Feast with that scratch.