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

 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

from Social – TechCrunch https://techcrunch.com/2017/02/02/snap-paid-150-million-to-acquire-looksery-and-64-2-million-for-bitstrips/?ncid=rss
via Superb Summers