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Prepping for IPO, Snapchat Hires Vice President of Finance

With more than $1 billion in venture capital investment, more than $128 million in losses last year and a plan for an initial public offering, Snapchat has tapped a public company veteran to run its bookkeeping team.

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Snapchat Grabs Ex-Fullscreen Exec as 2014 Losses Are Exposed

In the wake of leaked documents showing Snapchat hemorrhaged nearly $130 million last year, the Venice ephemeral photo app has scooped up another top media executive, solidifying its team of senior executives with experience forging revenue-generating deals.

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