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Snapchat Will Be Worth 3.6 Billion – Business Insider

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Snapchat has been in talks for another funding round that values it at up to $3.6 billion, AllThingsD reports.

This is coming just months after closing a Series B round of $60 million that valued the company at $800 million.

If this funding happens, Snapchat (with 200 million photos being shared daily) will become more valuable than Instagram when Facebook purchased it last year.

via Snapchat Will Be Worth 3.6 Billion – Business Insider.

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Written by edparnell

October 28, 2013 at 12:06 am

Posted in Money, Tech

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