Backed With $100 Million, Google Attempted To Buy Path -- Why Did David Morin Took It Down?

David Morin discarded Google's bid on buying the social network mobile app Path for $100 million exactly on its third month at that time prior to its launch on November 2010.

Four years ago, it was a surprising news that spreads the cyber world. With 1.5 million downloads after it was launched, Path is soaring high when Google took an interest in the mobile app offering $100 million and a $25 million additional pay out on a four-year term. How come Morin declined Google?

David Morin, an Apple and Facebook's ex-employee expanded to build a social network for mobile phones, Path. Apart from the team's composition scheme, Google was notably eyeing on Path because of its lineup. They were very keen to include the exceptional ex-Facebook employee, Morin, at the roaster of their marvelous Google work group. They thought it would help Google attract other Facebook employees too.

Dustin Moskovitz, Mark Zuckerberg's former teammate for creating Facebook who happened to be one of Path's investors as well admitted he's one of the reasons why Morin slumped Google's proposal. "He was feeling pressured to do it. People were telling him, 'Take the deal, don't risk it all.' The lesson learned is set expectations higher." Moskovitz said.

Way back 2011, rejecting Google seemed the best decision people behind the social media, Path, had ever had. Disturbingly, Path had lost their way to some extent superseding Facebook's growth, which is still at its peak acquiring a vast number of downloads.

The company then attempted to crack all possible sorts of applications. Sad to say, none of them conformed the way Path did when the app was cast as a start-up. Even worse, around 2013, a privacy outrage case has been exposed to the public; it was discovered that Path was spamming contacts without consent to its users.

Just recently, Path has been bought by Daum Kakao, the company that created Kakao Talk chat application, for an unrevealed figure. Dave Morin will still manage the Path Talk and the main app, the rest will be handled by Kong app.