Snapchat CEO meets with Saudi investor Prince Alwaleed bin Talal

Gigaom

Could Snapchat, the red-hot messaging service that is reportedly working on a new funding round that will value the company at $19 billion or more, be getting some of that funding from billionaire investor Prince Alwaleed bin Talal? It sure looks that way: the Saudi prince’s investment company put out a statement on the weekend saying that bin Talal met with Snapchat CEO Evan Spiegel and the two talked about a “potential business co-operation” between their companies.

Prince Alwaleed — whose full name is Alwaleed bin Talal bin Abdulaziz al Saud — is a member of the extended Saudi royal family, and a veteran investor who has a stake in social-web companies like Twitter and China’s JD.com, and a track record of investing early in technology players like Apple and AOL. As a number of sources have also pointed out, the prince recently sold his stake in News Corp. and…

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