Snapchat Reaches 8 Billion Video Views Per Day

Snapchat Reaches 8 Billion Video Views Per Day

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Snapchat's founder Evan Spiegel recently shared that Snapchat's daily video count has soared to 8 billion.

And it isn't slowing down any time soon. Snapchat's popularity lies in a young demographic addicted to their mobile phones.

In his first keynote in front of public-market investors, Spiegel made sure bankers understood Snapchat's growth trajectory as it fleshes out its advertising business before being listed as a public company.

Snapchat made a deal with Viacom that allows the media company to sell ads on Snapchat's behalf. 

Recently, Snapchat raised a round of funding at a $16 billion valuation.

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