BizSugar.com › Startups › The true reason why \"stupid\" startups raise a lot of money

Have you noticed all the startups raising massive sums of money recently?

Perhaps you’ve scratched your head wondering how a company like Buzzfeed, known for its website full of animated gifs, listicles and quizzes, raised $200 million dollars, valuing the company at a reported $1.5 billion. Snapchat, the messaging app known for helping teenagers sext one another, reportedly received a $16 billion valuation from its investors. Has the world gone mad?