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Thursday, February 2, 2017

Snap paid $150.6 million to acquire Looksery and $64.2 million for Bitstrips

{rss:content:encoded} Snap paid $150.6 million to acquire Looksery and $64.2 million for Bitstrips http://ift.tt/2l08EOV http://ift.tt/2jXBQrk February 03, 2017 at 12:27AM snapchat-world-lens Now that Snap is revealing its financial guts to the world in its filing for its initial public offering, we’re getting a small glimpse at how much the company is paying to acquire startups. As Snap becomes a larger company and is able to amass more of a cash pile, it’ll be able to start picking off startups that can either fill out the company’s ranks with talent or add… Read More

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