The
popular messaging app Snapchat has reportedly been valued at $10bn (£6bn) by
one of Silicon Valley's most established investment firms.
The
evaluation, detailed by the Wall Street Journal, puts the start-up in the same
bracket as young tech titans Dropbox and AirBnB.
The
newspaper also reported that Snapchat now has more than 100 million monthly
users, approximately half of its rival Instagram.
Snapchat
was founded in 2011.
The
mobile app, which is the brainchild of