Earlier this year their company collected 60 million from various investors and venture capital investment funds, and this week an announcement arrived saying that they have collected an additional $50 million. In total, therefore, this company since its creation two years ago, received 123 million dollars from investors, while not earning a single dollars from their own services.
The only real value of the company makes the users base - millions of users who daily exchange over 400 million photos and videos that are disappearing from their phone within a few seconds. According to data from the Pew Research Center in October, in the US as much as 9% of mobile phone users use Snapchat.
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