Snapchat’s Future


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Snapchat’s IPO is soon to come up. The question is whether it is a good investment? “Snap, which plans to list on the New York Stock Exchange next week, is set to be valued at up to $22 billion (£17.6 billion) and is looking to raise up to $3.2 billion (£2.5 billion). It makes Snap the biggest US tech IPO since Alibaba’s blockbuster $168 billion (£134.8 billion) float in 2014.” – Business Insider

“I think [Snapchat] have been brave and the nonvoting point is a classic example of that. They’re saying, ‘We’d rather be up front rather than surprise you further down the line.’ I think that’s good because people will only go in if they’re up for that roller-coaster ride. And it is going to be a roller-coaster ride.”

The complete article

Oscar Williams-Grut — Business Insider

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