article thumbnail

Yahoo Planning Big Investment In Snapchat, Says Report

socalTECH

Yahoo is planning a big investment in Venice-based Snapchat , in a deal that values Snapchat at $10 billion, according to a report over the weekend. The WSJ reports that Yahoo is investing around $20M in Snapchat at the lofty valuation, using money it cashed out of the IPO of Alibaba. READ MORE>>.

Yahoo 153
article thumbnail

IVP: We Love LA, So We Invested In Snapchat

socalTECH

A lot of heads turned Monday after Venice-based Snapchat , the instant-photo messaging service known for its self destructing chats, announced a huge, $60M round at a huge valuation. Why did lead investor IVP invest in what most local investors shied away from? snapchat venture capital investment valuation jamdat'

Snapchat 145
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Report: Snapchat Valued At $10 Billion In New Funding

socalTECH

Venice-based Snapchat is in the midst of raising a new round of funding, led by storied venture capital investor Kleiner Perkins Caufield & Byers, which valued the company at close to $10 billion, according to a report. The report also said that Snapchat has around 100 million monthly active users now using its messaging service.

Snapchat 168
article thumbnail

How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” We did know about Snapchat as early as anybody. Mostly I wanted the journalist to know: We love Snapchat.

Snapchat 214
article thumbnail

Report: Snapchat Raises $175M More

socalTECH

Venice-based instant messaging app maker Snapchat has raised another $175M in funding , according to the WSJ this morning, from Fidelity Investments. According to the report, the new funding values Snapchat at $16 billion, the same valuation as the company's last funding injection. Snapchat has now raised more than $1.2

Snapchat 100
article thumbnail

Google Unveils Backing For Snap Inc., As Snapchat's Founders Prep For IPO

socalTECH

Google Capital , the late stage investment firm owned by Google parent Alphabet, Inc., the parent company of Snapchat. The confirmation of the investment came via a listing on the portfolio page of Google Capital, which was renamed CapitalG this week. Snapchat is reportedly hoping to have an IPO as early as March.

Snapchat 100
article thumbnail

Snapchat Courts Saudi Arabian Prince In New Funding

socalTECH

Venice, California-based Snapchat is in discussions with Saudi Arabian Prince Alwaleed bin Talal, over possible future funding for the company, according to the Prince''s investment firm, Kingdom Holding Company. Kingdom Holding Company did not reveal any other details of the possible investment. READ MORE>>.

Snapchat 100