Report: Snapchat Looks For $200M At $20 Billion Valuation

A report published this week--which heavily relies on third party assumptions, back calculations, and analysis of regulatory filings--says that Venice, California-based Snapchat is out looking for $200M in funding again, this time valuing the company around $20 billion. The report says the additional funding is an expansion of an earlier, Series F funding of $175M.