Re:Snapchat has raised $485M more from 23 investors
by curiously on Thursday January 01, 2015 @09:44AM
(#8823039)
I find it hard to believe that it is worth 2/3 of what google is when the revenues are 6 times lower, less diversified (if you can call oculus rift an investment). Printing money seems like an overstatement, they are financing it largely at a cost and I just don't see how you can monetize what essentially is facebook, a free chat device inferior to skype.
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