Tuesday, November 1, 2016

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

http://gulfnews.com/business/sectors/markets/snapchat-said-to-seek-to-raise-as-much-as-4b-in-ipo-1.1922295
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
http://onlinedatingsoundbarrier.blogspot.com.ar/2016/05/silicon-valleys-big-unicorn-snapchat.html

 
Match Group (MTCH) Reports Q3 2016 Results
http://onlinedatingsoundbarrier.blogspot.com.ar/2016/11/match-group-mtch-reports-q3-2016-results.html

(STVI) 'Snap' Trademark Fight Waged Ahead Of Snapchat IPO
http://onlinedatingsoundbarrier.blogspot.com.ar/2016/10/stvi-snap-trademark-fight-waged-ahead.html

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