Evan Spiegel

Snap Faces Questions Regarding its Ability to Generate Profit

Snap Faces Questions Regarding its Ability to Generate Profit

Snap Incorporated management has a tough task to showcase the abilities of popular social networking app Snapchat to generate profit year after year.

Snapchat close to snagging nearly $100 million in new investment at staggeringly high valuation

Snapchat close to snagging nearly $100 million in new investment at staggeringly

In a disclosure which somewhat substantiates GigaOm’s earlier-this-week report that Snapchat was close to snagging nearly $100 million in new funding, unidentified sources aware of the company’s fu