Apparently, however, its owners and investors are so confident in its $4 billion valuation that they felt comfortable turning down a $3 billion cash buyout offer from Facebook. This made me realize several things:
- I may never understand how Silicon Valley determines “value;”
- Even a system specifically designed to delete pictures as a privacy measure is beatable;
- If it’s popular with teenagers, they’re gonna use it for sex somehow (cf. xkcd); and
- Sooner or later, someone’s going to use it for revenge porn.