Tuesday, November 1, 2016

Snapchat said to seek to raise as much as USD 4 Billion in IPO

The IPO could value Snapchat at about USD 25 Billion to USD 35 Billion

I really hope that IPO fails, because Snapchat is like a dark smoke bubble.

The last buzzy consumer-tech listing in the US was in November 2015 when Match Group Inc, the online-dating powerhouse that owns Match, OKCupid and Tinder, went public at a valuation of USD 2.9 Billion.

Please see:
Silicon Valley’s big unicorn: Snapchat

Match Group (MTCH) Reports Q3 2016 Results

(STVI) 'Snap' Trademark Fight Waged Ahead Of Snapchat IPO

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