Tag: Funding


Remember when people mocked the idea that Facebook would be willing to pay Billions of Dollars to acquire Snapchat? Do you also remember how Evan Spiegel and Bobby Murphy, owners of Snapchat were smart to turn down Mark Zuckerburg’s initial offer of $3B to buy their app? Snapchat confirmed in a recent filing that it has raised another USD 1.8B (yes with a “B”) in Funding. The startup’s valuation, with that new capital included, is reportedly hovering around $20 billion. Yes, $20 Billion for the Akant O! The ever increasing valuation may......

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