Snap Interactive, creator of the popular Facebook dating app AreYouInterested, is not like most New York startups. For one thing, the firm has never raised a dime from venture capital firms or angel investors. Secondly, it’s a public company, traded as a penny stock on the OTC BB. And last but certainly not least, the Read More
In the wake of Goldman Sachs monster investment in Facebook, shares of New York startup Snap Interactive rose an astonishing 1000%.
The company is capitalizing by raising funds, selling $8.5 million in securities to institutional investors through a private placement.
Snap Interactive is tied to Facebook through AreYouInterested, one of the top dating apps on Read More