Monday, March 16, 2015

Snapchat valued at 130 billion – Swedish newspaper Svenska Dagbladet

Snapchat valued at 130 billion – Swedish newspaper Svenska Dagbladet

The app, which is popular among youth and different from other messaging through their photos, videos and texts sent erased when the recipient has seen them, has over 100 million monthly users.

Snapchat started by Evan Spiegel in a dorm at Stanford University in 2011. With only 24 years is the founder of the world’s youngest dollar billionaires, according to Forbes magazine.

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