Hamburg – The chat service Snapchat is well-known for its messages with an expiry time has almost half a billion dollars in new money worried investors. The entire company was rated it with ten billion dollars, reported the Financial Services Bloomberg and the “Financial Times”.
So it would have been worthwhile for Snapchat to turn down the offer to purchase from Facebook about a year ago. The world’s largest online network will then have the founding team around the 24-year-old chef Evan Spiegel offered three billion dollars.
Now Snapchat got good $ 485.6 million (approximately EUR 401 million) from a total of 23 investors, as is evident from a published New Year message to the US Securities and Exchange Commission. Further details were not made official.
Snapchat is known with a special technology that allows sending messages, photos or videos with an expiration date. The contents disappear shortly after the recipient has opened it – at least in theory. Practically, there are also ways to store the contents. According to the company 700 million photos are sent daily via the app
The “Wall Street Journal” reported in August that the company is valued by investors with almost ten billion dollars. – Although so far almost Snapchat no revenue makes.
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