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Report: Snapchat Raising $100M

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Venice-based photo messaging service Snapchat is reportedly raising $100M in funding, at a valuation of half a billion dollars, according to a report Friday. Snapchat--which operates a mobile photo messaging service which is very popular with the teenage set--is backed by Benchmark Capital, and had previously raised $12.5M

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Why Venture Capital is So Much More Compelling Now

Both Sides of the Table

It’s not hard to find people willing to write the narrative that “venture capital is not an asset class” or “venture capital has performed terribly.” Having worked through the data with Glenn I am even more optimistic about venture capital than I was even a year ago. Thus is a key point.

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Snapchat Confirms $50M Series C Round

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Los Angeles-based Snapchat confirmed it has raised $50M in a Series C funding Wednesday, as the hot, instant photo messaging app developer reportedly turned down a $3 billion offer from Facebook and has decided to continue on as an independent company. Snapchat has now raised $125.0M Snapchat has now raised $125.0M in funding.

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Snapchat Adds $4.5M More To $50M Round

socalTECH

Venice, California-based Snapchat , the developer of the popular social media app, has added $4.5M snapchat venture capital filing social media mobile' in venture funding--and three new investors--as part of its Series C funding round, according to a regulatory filing by the company today. READ MORE>>.

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Snapchat Raises $13.5M

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Venice Beach-based Snapchat , the developer of a popular mobile application which lets users take "self destructing" mobile photos of themselves that they can send to friends, has raised $13.5M The funding came from Benchmark Capital, led by Mitch Lasky. in a Series A funding, according to multiple reports.

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Lawsuit Targets Snapchat Founders, Venture Investors

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A new lawsuit, targeting Venice, California-based Snapchat --the hottest company to emerge out of the area''s high tech startup cluster in recent years--says that the company''s founders stole the idea for the company from him after forcing him out of the company early on in its history. snapchat legal lawsuit social networking mobile'

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Snapchat Seeks More Funding At Up To $3.6 Billion Valuation

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Los Angeles-based mobile app developer Snapchat is in the midst of a new funding round, which values the company at more than $3.6 snapchat valuation venture capital mobile social teenager startup' billion, according to a report Friday. The deal apparently has not yet closed. READ MORE>>.

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