SNAP Interactive Gets Serious, Raises $8.5 Million
On the heels of the company's stock surge, SNAP Interactive, the company behind the largest Facebook dating application, Are You Interested, announced on Friday that it had raised $8.5 million through a private stock sale.
On the heels of the company’s stock surge, SNAP Interactive, the company behind the largest Facebook dating application, Are You Interested, announced on Friday that it had raised $8.5 million through a private stock sale.
For those who are less aware of the financial intricacies of public companies, the reason behind this being a private stock sale is that purchase of common stock in the open market does not generate any proceeds for the company.
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