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Thursday, October 6, 2016

Snap is reportedly preparing for an IPO that could value it at $25B or higher

{rss:content:encoded} Snap is reportedly preparing for an IPO that could value it at $25B or higher http://ift.tt/2dI5RJi http://ift.tt/2e6dSZ9 October 06, 2016 at 08:40PM snapchat-phone-vs-spectacles The Wall Street Journal is reporting that Snap — the now-parent company of Snapchat — is working on an initial public offering for as early as March that could value the company at $25 billion or higher. The company most-recently raised $1.8 billion in a financing round in May this year. The company has around 150 million daily active users, and leaked documents reported by… Read More

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