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

Snapchat 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.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/pBq9cuo9k1Y/

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