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It was just seven months ago that Snapchat Chief Executive Officer Evan Spiegel announced he had turned down a $3 billion offer for his company from tech giant Facebook Inc. (Nasdaq: FB). Now, he's looking at a major payday because of it. On Tuesday, venture capital giant Kleiner Perkins Caufield & Byers announced it would invest up to $20 million the in social messaging app, a deal that values the company at roughly $10 billion. The lofty valuation is surprising considering that Snapchat doesn't have any revenues. In January 2014, after rejecting Facebook's offer, Spiegel stated his desire to build the company out over the long term.