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Re:Snapchat Snaps Up $80M From IVP At An $800M Valuation by VaucGiaps on Sunday June 23, 2013 @04:56AM (#5926743)
Only thing I could find quickly (2012-05-12):

http://techcrunch.com/2012/05/12/snapchat-not-sexting/

Spiegel is also developing an Android app. And of course, they’re looking for a way to make some money off the app. While he said they don’t currently have a revenue model, Spiegel said they are “having ongoing discussions” about it.

“We didn’t think we were ever going to raise venture capital so we were planning very early on to generate a revenue plan,” he said.

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