Saturday, June 8, 2013

Snapchat Hiring Massive Sales Team, Said To Be Raising $100M At A Near $1B Valuation To Pay Them

snapchat-screenshot1Snapchat is aggressively recruiting sales people from Stanford as well as USC for its impending debut of a monetization scheme, we've discovered. Meanwhile it's raising $100 million at a valuation as high as $1 billion to pay them, as well as buy more servers and hire other talent to power its rapidly growing self-destructing messaging app, sources say.


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