Snapchat is prepping for a major new investment, likely from Alibaba

The disappearing-message app Snapchat has been quietly structuring its business for a major new investment. Reports this week say that Snapchat is preparing to sell part of itself to soon-to-be public e-commerce giant Alibaba. VC Experts, which researches private companies, reports that Snapchat made a regulatory filing Monday authorizing the sale of 17.4 million of its shares. […]