$55 a day?

When Bill Gross announced his search company, Snap, at Web 2.0, I never imagined the financial juggernaut it would become. Silicon Beat has the dirt.

Gross on Snap’s transparency:

“It’s kind of scary to put that data out there,’ he added. “But it’s liberating at the same time. I think it’s good in the long-term. I think it will be a trend. In every aspect, it’s better to be open.”