Founders cash in on Snapchat

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Snapchat founders are a picture of instant wealth.Evan Spiegel and Bobby Murphy, who started the self-deleting, photo-sharing app two years ago, are both $10 million richer after selling shares during their company’s latest fundraising round, according to reports.Venture capitalists eagerly threw $60 million at the no-revenue company… …read more
Source: NY Post

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