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I get the feeling they'll do better on this than they did on Ali Baba
by iaw 12y ago
I get the feeling they'll do better on this than they did on Ali Baba
- JonFish85 12y agoWeren't they recently valued around $10b[1]? They'd need to grow a lot to make Alibaba-level money on Snapchat. And Snapchat would have to really find a way to monetize eyeballs without losing them. [1] http://money.cnn.com/2014/08/27/technology/innovationnation/snapchat-valuation/ http://money.cnn.com/2014/08/27/technology/innovationnation/... Edit: Apparently the round hasn't closed yet, so they would be a part of the $10b round. I think my point still stands!
- higherpurpose 12y agoActually, if they had stayed a little longer on Ali Baba, they would've had an even bigger cash-out.