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17 billion-dollar startups that didn’t exist 5 years ago

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Snapchat: $16 billion

Snapchat

Spanchat lets you easily talk with friends, view Live Stories from around the world, and explore news in Discover. Originally founded in 2011 by Evan Spiegal, a product design student at Standford University, Snapchat evolved into a mix of private messaging and public content, including brand networks, publications, and live events such as sports and music.

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Written by Katie Henderson

Katie Henderson is the Strategy editor at Business Pundit. She writes articles that help business owners, executives, and employees better understand how to run a business and work as effective employees.