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24 June, 2013 at 3:23 am in Education
TC citing multiple news sources said, Snapchat has completed $ 80 million B round of financing, valuation of $ 800 million from Institutional Venture Partners lead investor.
Snapchat Burn After Reading is a photo sharing application, Samsung Galaxy S3 Cases features all of the above photo has a 1-10 seconds the life of the user took a photo to send to friends, and then after a few seconds photos will be automatically deleted, others can not cut screen or photographed.
For its financing, various reports say before financing amount in $ 100 million, but the valuation of various media reports are not the same, Cute Samsung Galaxy S3 Cases as Gigaom say is valued $ 500 million, but said before TC is $ 1,000,000,000. Therefore, the final valuation may only be determined after the official announcement in the end is how much.
In the user data, according to the April data revealed that users upload to Snapchat on every photo has more than 150 million, Best Samsung Galaxy S3 CasesFacebook has 900 million users in August last year, the number of pictures uploaded every day is only 300 million or so, which may be one reason investors are optimistic, while February Snapchat just completed a $ 13.5 million financing soon, then $ 70 million valuation. Perhaps you can refer to the data side of this KPCB PPT: