They said no to Zuckerberg’s billion dollar offer. Now they’re going for another round of funding. This time, they hope they’re worth more than the chats that disappear after they’re sent.
Two Takes
View TECHi Stance
Snapchat hopes they’re worth $3.5 billion
Allthingsd
View all Allthingsd Two Takes by TECHi
Read the original story
Published October 25, 2013
TECHi's Take
Only a few months after closing a Series B round of $60 million that valued the ephemeral messaging company at $800 million, Snapchat has been in talks for another funding that values it at up to $3.6 billion, according to sources close to the situation.
Sources also added that the funding itself would be in the hundreds of millions of dollars and that the lead investor might be a strategic party from Asia.
NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.
Balanced Perspective
TECHi weighs both sides before reaching a conclusion.
TECHi’s editorial take above outlines the reasoning that supports this position.
More Two Takes from Allthingsd
Having reached an all-time high of $74.73 last week, Twitter's shares are rapidly plunging back down to Earth. slid 6.4% in early…
Previously, researchers in Antarctica were forced to use what essentially were walkie-talkies if they wanted to communicate with each other long…
Using social-engineering techniques and remote-access tools, Pro-government Syrian hackers are using malware attacks against journalists, workers at non-governmental organizations, activists, and others. Basically…
Wetpaint, an 8-year-old Seattle startup led by entrepreneur Ben Elowitz, has been soldto New York-based Viggle for a purchase price of $30…