
In 2013, Facebook was rumored to be buying Snapchat for a whopping $3 billion. For some crazy reason, Snapchat turned down $3 billion and the deal disappeared. Facebook, however, still saw the potential in the disappearing photo app market. After the Snapchat deal fell through, Facebook’s engineers began to work on a Snapchat competitor called Slingshot. Slingshot would let users send and receive photos from friends. These photos would disappear after a brief period of time and the…