Is Snapchat Worth $10 Billion?

Snapchat Inc., the mobile app sensation infamous for its ephemeral messages, is valued at $10 billion, the Wall Street Journal reports, and Kleiner Perkins Caufield & Byers reportedly agreed to invest millions in the messaging service. A Silicon Valley venture capital firm, Kleiner reportedly plans to invest as much as $20 million in May, a source…

Valuation of Popular Picture App Raises Eyebrows

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