Snapchat has never made hardly any money but really: it doesn’t promote ads, costs visitors to obtain and you will/or have fun with their application, or promote items like in-application instructions.

Snapchat was Intrinsically Meaningless post https://s-media-cache-ak0.pinimg.com/600×315/49/94/f0/4994f0f52a76d4074f8ba046d2cc2c17.jpg” alt=”loveandseek Review”> to possess a reverse point out of view:

Snapchat raised $485k out-of seed resource of VC enterprise Lightspeed Campaign Lovers when you look at the , just after one of the lovers learned that the three most well known programs certainly one of their d and you can Snapchat. “Which is interesting business. Ones, the one we had never observed are Snapchat,” Lightspeed’s Jeremy Liew informed TechCrunch into the .

Which had been with a great $thirteen.5m round away from Collection A funding for the led of the another esteemed VC enterprise, Standard Financial support, with its lover Mitch Lasky informing the latest York Moments that “We already been hearing Snapchat in identical perspective as Facebook, Instagram and you may Myspace. That had myself interested”.

Merely five months later on, Snapchat raised an even bigger bullet, $80m, apparently and additionally $20m when you look at the an effective “secondary offering” you to likely helped Spiegel and Murphy cash out a number of their collateral about providers. Lees verder →