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Weren'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 t
by JonFish85 12y ago
Weren'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!