Snapchat Raises $485.6 Million to Close Out Big Fundraising Year

“People take pictures in front of the Snapchat Inc. headquarters on the strand at Venice Beach in Los Angeles, California. Snapchat, which last year turned down a $3 billion acquisition offer from Facebook Inc., has been developing a business model for advertisers to share disappearing stories.”

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Israeli High Tech Gets Aggressive

“Editor’s note: Adam Fisher is a partner at Bessemer Venture Partners, where he manages the firm’s Herzliya office focused on investments in Israel and Europe. Israel has always taken a disproportionate share of global media attention.”

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