On the flip side, it's possible that they got the "$100M" number *because* they ...

hkmurakami on March 26, 2016 | parent | context | favorite | on: Snapchat reportedly buys Bitstrips for roughly $10...

On the flip side, it's possible that they got the "$100M" number because they know that they options aren't worth as much as they say on paper, and thus they asked for a higher paper value in order to compensate.