Monday, April 27, 2015

We talked to 22 Snapchat-obsessed millennials about its plan to become a news service — here's why they're not sold

It's no surprise that millennials love Snapchat. In August, Snapchat was ranked the third most popular social app among millennials, trailing only Facebook and Instagram. Unsurprisingly, investors love it too: Snapchat raised $200 million from Alibaba in March, and it's also in talks to raise another $500 million at a $16 billion to $19 billion valuation, which would bring Snapchat's total amount of money raised to more than $1 billion. The company is also starting to look at...-> read more
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