Source: Snapchat Cofounders Unloaded Personal Stock for $20 M.
Nitasha Tiku · 06/25/13 03:21PMA source familiar with Snapchat's recent round of funding said that the teen sensation's two twenty-something cofounders, Evan Spiegel and Bobby Murphy, each received $10 million in secondary funding as individual shareholders. According to the source, that combined $20 million was on top of the $60 million Series B the company raised at an $800 million pre-money valuation.