Snapchat, reportedly valued at $19 billion based on the latest round of funding that it is looking to close, could end up funded by the investment concern owned by Saudi billionaire Prince Alwaleed bin Talal. The Prince met during the weekend with Snapchat CEO Even Spiegel and the pair allegedly discussed some type of hook-up between the two companies.Prince Alwaleed actually has a pretty good financial track record in tech and has invested early in some big winners like Twitter, Apple and AOL. Having sold his stake in News Corp., the Prince is flush with cash and is looking for a place ...
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