“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.”
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.”