4. Snapchat is being sued of the certainly their co-founders
Snapchat has not produced any money yet: it will not offer adverts, fees people to down load and you can/otherwise fool around with their application, otherwise offer add-ons such as-software orders.
Snapchat was Intrinsically Meaningless blog post to possess a contrary section away from view:
Snapchat raised $485k off seed products financial support off VC enterprise Lightspeed Promotion Partners when you look at the , immediately after among the people unearthed that the three top apps among their d and Snapchat. “That’s fascinating company. Ones, the only we’d never heard about was Snapchat,” Lightspeed’s Jeremy Liew informed TechCrunch within the .
Which had been followed closely by an excellent $13.5m bullet of Series A financing in provided by the various other prestigious VC organization, Standard Resource, with its mate Mitch Lasky telling the latest York Minutes that “I already been hearing Snapchat in identical context as Twitter, Instagram and you will Myspace. One to had myself curious”.
Just four months afterwards datingrating.net/nl/amerikaanse-datingsites/, Snapchat increased a whole lot larger bullet, $80m, reportedly also $20m when you look at the an effective “supplementary offering” you to definitely more than likely assisted Spiegel and you may Murphy cash-out a number of their collateral regarding the company. It round is added from the another organization, Organization Campaign Lovers, and also by this aspect, Snapchat’s valuation is actually $800m.
During the personal blog posts, these traders enjoys rhapsodised regarding the Snapchat. “From the Benchmark i seek out business owners who would like to change the industry, and you may Evan and you may Bobby indeed have that aspiration,” composed Lasky inside the March. “We think you to definitely Snapchat could become probably one of the most crucial mobile enterprises internationally.”
