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The throwback that Snapchat's ad model is.

Added almost 2 years ago | As appeared first on gigaom.com | Author: Mathew Ingram
Not that long ago, Snapchat turned down a massive $3-billion acquisition offer from Facebook, and almost everyone thought the company had lost its mind. Now, the startup is reportedly raising money in a financing round that will value it at a staggering $19 billion. Is there anything that could justify putting that kind of market value on a company that is only four years old and still has almost no revenue? Technology analyst Ben Thompson thinks there is — and it's more than just the fact th...
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