Tech Unicorn Snapchat Raises $1.8B In Latest Equity Round

By Joyce Hanson ( May 26, 2016, 2:24 PM EDT) -- Popular image-messaging application Snapchat reported Thursday that it has raised roughly $1. 8 billion so far in a private equity sale, doubling the amount of stock the tech "unicorn" sold a year ago at this time to accredited investors who are hungry for the stock despite concerns about soaring valuations for private tech startups. . . .

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