Snapchat, the hottest consumer service in tech-town is getting even more money – a rumored $200 million — and some say is now being valued at over $3.5 billion. True or not, Snapchat remains one of the fastest growing social platform.
Here are my 5 takeaways from comments made by Evan Spiegel (Snapchat), Boris Sofman (Anki), Don Valentine (Sequoia Capital), Mark Zuckerberg (Facebook) and Dick Costolo (Twitter) at the Disrupt SF 2013 conference.
Snapchat, a service allows you to send and receive photos or videos that sort-of-maybe disappear afterward is getting $100 million in new funds from undisclosed investors, a few months after it snagged $13.5 million from Benchmark Capital.
Think you can send content on your smartphone that won’t appear elsewhere? Evidence that your Snapchat videos can be retrieved without notifying the sender comes as further proof what people in the digital age are realizing — true online privacy can be hard to come by.