Marketplace: Snapchat Nearly Doubles in Value
Marketplace | Feb 18, 2015
Airing on Wednesday, Feb. 18, 2015: A year ago, the teen-fad social-media company Snapchat was valued at $10 billion. Its latest investors value it at $19 billion. We look at what’s happened in that time. Is the doubling in valuation due to the discovery of a business model, potential, or momentum among investors? We explore. Plus, we report on a Texas College that is revamping itself as a place where students work their way through four years. This is not just a few hours in the library, rather a significant job at the school— work that will reduce their tuition. Also, the Producer Price Index has released its industrial production and housing starts numbers for January. They’re okay... They're not great. And in aggregate they paint a picture of a still-struggling economy.
