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Snapchat Founders Likely Billionaires With 2014 Investment


Snapchat Founders Likely Billionaires With New, Reported Investment - Forbes

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Billionaires but illiquid. So it's not like they can spend it yet.

Wow, Facebook now looks like it got a bargain with WhatsApp for $19 billion.

The two founders combined own about 50% of Snapchat:

http://forbes.com/sites/parmyolson/2014/08/26/report-snapchat-valued-at-10-billion-with-new-kleiner-investment/

There's still an outstanding lawsuit from the third founder who claims to own 1/3 of the company.

Nope, missed it.  Thanks for adding it.

You're welcome. Do you believe that ads in Snapchat will work?

I think those Snapchat users are particularly weary of ads and being targeted by brands.

Because Millennials.

I agree.  Ads are beginning to feel like a type of pollution.

Beginning?

In its pitch deck, Snapchat boldy declares to marketers, "Now it's your turn," and goes on to advise, "We recommend experimentation." 

Ouch.

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