Spegger won the bet!

Absrtact: Spegger Bet won! At the end of last year Snapchat rejected Facebook and Google's acquisitions, which were valued at 3 billion and 4 billion. It was felt that they had missed out on the best window of big cash. But when WhatsApp sold a 19 billion dollar price.

Spegger won the bet!

At the end of last year Snapchat rejected Facebook and Google's acquisitions, which were valued at 3 billion and 4 billion. It was felt that they had missed out on the best window of big cash. But when WhatsApp sold a 19 billion dollar price. Someone began to ask Instagram founder Systrom whether he regretted selling early.

According to WSJ reports, investment fund KCPB participated in the latest round of Snapchat financing. The three-year photo-sharing of the venture is now valued at an astonishing 10 billion dollars. The details of the current round of funding have not yet been finalized, but two people familiar with the matter told WSJ that there were at least one strategic investor outside the KCPB.

KCPB invested $20 million in May to Snapchat, considering that Snapchat had been billions of dollars, they should never have been strategic investors. Bloomberg News last month showed that Alibaba wanted to invest in Snapchat, giving a valuation of $10 billion trillion, but the news was later denied. Tencent, as early as late last year, took part in Snapchat's B-round financing.

In addition to Tencent and Ali from China, Google may also try a strategic investment Snapchat to deal with Facebook's sky-high bid for WhatsApp.

Snapchat successfully among the tens of billions of dollars in Uber and Airbnb. They are already the largest third party IM applications in North America, and in the last six months they have introduced "our Story" and "Discovery" two new features, the former is public video and picture sharing, the latter is "burn after" news and advertising.

And at home, Snapchat's apprentice has a dozen, "after reading is Burning" mode no one can really play turn, who is "China's Snapchat" this question has not yet been answered.