What if you opened a gift under a sparkling Christmas tree to find, holy crap, there are hundreds of millions of dollars in here?!
Snapchat has officially raised $50 million in its third round of funding, according to a Snapchat spokesperson who confirmed the funding with VentureBeat, saying Coatue Managment is the newest investor.
I’ve been getting into Snapchat lately and have been finding that using Snapchat actually drives my usage of competitive products like Twitter (which recently added the ability to send photos privately, albeit ones that don’t disappear), Facebook Messenger, Google Talk and iMessage.
Say what you will about Snapchat’s usefulness — you can’t deny the company excels at attracting money.
A little more than two weeks ago, we reported on the rumors that Snapchat, the private photo sharing service that lets you send pictures to people that disappear after a few seconds, rejected a $3 billion purchase offer from Facebook.
Guest Post How long will it be before we hear about an even younger social media platform that has millions of teenagers flocking to use its service over Snapchat’s?
This message will self-destruct in 5 seconds.
While Facebook had already dished out $1 billion to buy photo sharing social network Instagram, the company was hoping to make an even bigger offer for photo service Snapchat.
Snapchat doesn’t make money. It is “kind of” private. It is incredibly addictive. It might be worth $4 billion by the end of this week.
Line’s Akira Morikawa isn’t targeting his messaging service at gamers, but they’re playing a ton of titles on his network. Will that make it bigger than Facebook?
Sending a Snapchat, at this point, is like sending a photo over regular text message. People you don’t want viewing your private pics are still going to see them — even the cops.
Snapchat, the startup that built its reputation on self-destructing photo and video messages, now wants to let you make media that lasts … at least for a day.
Wickr launched on the Android operating system today, promising to keep your information safe from both rogue governments and hackers.
Snapchat founder Evan Spiegel said at TechCrunch Disrupt today that the company’s userbase is growing rapidly and in-app purchases could be on the horizon.
App Annie released its May apps index this morning– all apps minus games — and the giants are doing well: Microsoft, Google, Apple, and Facebook are well-represented on the top publisher lists. But there’s also some surprises, and some new entrants to the most-downloaded and highest-grossing app leader lists on iOS and Google Play.
Guest Post The media can continue to ridicule the “sexting app” that so many young people are using, but they are entirely missing the point. The same generation being blamed for the supposed “death of privacy” has become wiser than those who are criticizing them.
Facebook has decided to try its hand at self-destructing messages with the release of Facebook Poke for iPhone.
Many things you put on Facebook you want to save and share forever. Some things you wish you could delete immediately.