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Snapchat has routinely been the subject of jokes about the meteoric rise of its valuation. Tuesday's report that a new funding round would value the messaging company at $10 billion only served to add to the snickers.
Snapchat’s worth $20b; Uber is reenacting The Wire with limos; & Microsoft is right about something. I stepped off in wrong dimension today.
— Paul Kedrosky (@pkedrosky) August 26, 2014
Snapchat valued at $10 billion .. the creator still lives with his dad
— Zora Suleman (@ZoraSuleman) August 27, 2014
Snapchat now valued at $10 billion; world contemplates whether numbers are just symbolshttp://t.co/sTdttXqbtY
— Annie Lowrey (@AnnieLowrey) August 27, 2014 Read more...
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