Around the Net
Snapchat Snags $175M From Fidelity
- Variety, Friday, March 4, 2016 10:21 AM
Snapchat raised $175 million from Fidelity Investments, bringing the youth-skewing vanishing-message service to more than $1.3 billion raised to date. It maintains its $16 billion valuation.
The infusion is nice change but the flat valuation may be telling.
