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Re:Snapchat Snaps Up $80M From IVP At An $800M Valuation by hansy on Sunday June 23, 2013 @04:31AM (#5926683)
I believe it might be ads. I can't remember exactly where I read it, but they are expanding their sales team with the money they raise.
Re:Snapchat Snaps Up $80M From IVP At An $800M Valuation by dylangs1030 on Sunday June 23, 2013 @06:03AM (#5926896)
No, they're not. The article specifically states that Snapchat will not be using the money to increase a sales force.