What they're saying about Snapchat's decision

»»» "Snapchat has the potential to build something that is much bigger and management has so far demonstrated that they have the chops and ambition to get this done." -- Sanjay Sabnani, Chairman and CEO of CrowdGather

»»» "Facebook's Snapchat bid shows triple the desperation. The social network paid $1 billion for no-revenue Instagram a little over a year ago. Now, it's said to be dangling as much as $3 billion to lure a mobile app that sends self-destructing digital images. Facebook's apparently escalating need to buy off marauders at its moat suggests its defenses may be scalable." -- Robert Cyran, Reuters Breakingviews columnist