Alphabet Venture Capital or CapitalG formerly known by the name of Google's Capital recently invested in Snapchat, as quoted by the Business Insider.
Such investments are not published directly but seen from the presence of the logo in the Snapchat website CapitalG investment portfolio. Yet it also provides detailed information related to rumors.
Furthermore, the service made by Evan Spiegel is preparing the IPO process that will be conducted in 2017. It also has hired Morgan Stanley and Goldman as an underwriter or underwriter.
Related IPO, Snapchat predicted would be one of the social media which has the biggest IPO value. It is seen from the desired target with a value estimated at US $ 40 billion.
Previously, Google reportedly had bid against Snapchat in 2013 and then, but met with resistance. Values are given deals of around US $ 4 billion.
With the achievement obtained by Snapchat now, it can be said that the measures taken are appropriate for social media domination yellow logo now has a value of US $ 20 billion.
Besides Snapchat, CapitalG also invested in Airnb with the amount that is not mentioned. Roughly, who else will be the next target of Google's investment?
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