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>Snapchat survived without taking investment from my understanding. Ignoring the cost of development (which is reasonable given how simple the app was when it
by billmalarky 8y ago
>Snapchat survived without taking investment from my understanding.
Ignoring the cost of development (which is reasonable given how simple the app was when it launched), Snapchat has incredibly high infrastructure costs. It runs on google cloud (you pay a huge markup for cloud services - it's just often worth it because you can scale up and scale down to match actual need but I assure you snapchat was not scaling down) and is media heavy (read high bandwidth bills).
Snapchat received $2.65 billion in investment pre-ipo!!! $2.65 billion!
https://www.crunchbase.com/organization/snapchat#section-ipo-stock-price https://www.crunchbase.com/organization/snapchat#section-ipo...