Snapchat valued at $10 billion after latest financing round

According to an SEC Form D that was filed in 2014, messaging app Snapchat recently raised $485 million. More importantly, this latest round of financing, led by Venture Capital firm Kleiner Perkins, was accomplished at a cool $10 billion valuation for the company. 23 investors took part in the equity sale. Snapchat is known best for its self destructing messages, which disappear ten seconds after being read.



To show you how successful businessmen get rich, it was just in June of 2013 when the company raised $60 million at a valuation of $800 million. Just five months later, offers of $3 ...