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August 7, 2018 08:42 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6G2EXEn7OQ8/
Snapchat gets $250M investment from Saudi prince for 2.3%
Snap Inc got a fresh infusion of cash from the Saudi royal family to help it survive despite losing $353 million this quarter. Prince Al-Waleed Talal tweeted a video of him and Snap CEO Evan Spiegel, noting that he’s invested $250 million in exchange for a 2.3 percent stake in Snap Inc. The investment raises […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/6G2EXEn7OQ8/
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