Facebook, Snapchat Leaders as Social Frenemies

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Jan. 7 (Bloomberg) -- Bloomberg News’ Sarah Frier examines the relationship of Facebook CEO Mark Zuckerberg and Snapchat co-founder Evan Spiegel on Bloomberg Television’s “Bloomberg West.”

I would bring in sarah frier, who covers facebook and snap chat for us.

Evan spiegel grew up with a very privileged life.

It doesn't seems like he cares what the consequences are of what he decides to do.

He turned down the $3 billion offer.

Whoever notes -- who knows if it will ever be worth that again.

Deciding to post a public screen shot with one of the most powerful's -- powerful people in tech, who is a very private person -- i am dying to know what mark zuckerberg is thinking right now.

He made it clear that mark zuckerberg made the first move.

If you are up for it, let me know and we can go for a walk around facebook headquarters.

Evan spiegel writes back, "thanks coco -- "thanks." he sort of made it clear that he will meet him, but only when it works for him on his home turf.

There were cover stories on evan this week.

Tell us about that.

He basically told forbes that she was acting tough with mark.

And then he tweeted part of the initial message, which made it sound like -- evan spiegel made good and tweeted the whole thing.

People were saying he was -- it boils down to immaturity.

A little bit.

It is an image problem but it is also just being out there in general, which is good for a start up if you're in the news.

I can't believe we are talking about.

Click think about the last step week -- thing about last week with the security breach.

They cannot apologize to their users and they had plenty of opportunity.

Even fixed the issue a little late.

Snap chat is going to have to be careful because if they think they're going to be worth more than $3 billion down the line, it may be it is time -- maybe it is time for leadership training.

Information doesn't need to be here to say and people say it is just a fad.

He should have taken the $3 billion.

Do you think the offer is off the table?

I think he is playing rough right now.

He made it clear he does not want to be acquired by them.

Who knows what is going on in

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