4min chapter

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Facebook vs Snapchat - Children of Privilege | 2

Business Wars

CHAPTER

Business Wars - The New Face of the Social Networking Industry

Snapchat has just closed a $13.5 million funding round that puts their valuation at over $60 million. 18 months after they cut him out of the company, their former frat brother and friend Reggie Brown is suing Snapchat. Not only is Snapchat battling Facebook, now they have another fight on their hands. And Zuckerberg makes Spiegel an offer he thinks is too good to refuse.

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