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Snapchat could now be worth $20 billion

Business Insider - 24 May 2016 16:35
Snapchat Snapchat's massive valuation appears to be growing even bigger.  Sources have told TechCrunch that Snapchat is expanding its Fidelity-led $175 million Series F round into a Series FP round, and it reportedly comes with a valuation around $20 billion. VC data provider VCexperts have pegged Snapchat's share price at $30.72 per share, and that the new round could propel Snapchat to a valuation "as high as $22.7 billion," according to TechCrunch. In addition to Fidelity, Alibaba, Coatue...
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