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October 6, 2016 06:40 pm GMT
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
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/fnqjCiZHzEw/
Snap is reportedly preparing for an IPO that could value it at $25B or higher
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 MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/fnqjCiZHzEw/
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