Louie Baur Louie Baur is Editor at Long Beach Louie, a Long Beach Restaurant Review site as well as Skateboard Park. Find him on Twitter, Facebook, and Pinterest.

Snapchat hopes they’re worth $3.5 billion

21 sec read

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.

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.

Avatar of Louie Baur
Louie Baur Louie Baur is Editor at Long Beach Louie, a Long Beach Restaurant Review site as well as Skateboard Park. Find him on Twitter, Facebook, and Pinterest.

Smaller brands may as well say goodbye to Instagram

Instagram announced on Tuesday that it wants to start using algorithms to determine which posts are most interesting and relevant to users, which it...
Avatar of Carl Durrek Carl Durrek
1 min read

Instagram is planning to stop showing posts chronologically

It’s only natural for social networks to display posts in chronological order, which is what Instagram has always done, but this often results in posts that are...
Avatar of Brian Molidor Brian Molidor
59 sec read

Samsung’s attempt at a social media app is destined…

From time to time, Samsung will release a new product in an area that it’s not familiar with which will inevitably fail, and the...
Avatar of Jesseb Shiloh Jesseb Shiloh
1 min read

Leave a Reply

Your email address will not be published. Required fields are marked *