Snapchat Inc., the company that makes a mobile application for disappearing photo messages, is in talks with investors including Alibaba Group Holding Ltd. for a round of financing that may value the company at $10 billion, people with knowledge of the situation said.
- Bloomberg
Markets at highs and $10B valuations being tossed around for a messaging app?
Investors seem to have a short memory.
Submitted July 31, 2014 at 10:02AM by StockJock-e http://ift.tt/1uKW9bR
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