Thursday, January 5, 2017

Forthcoming IPO : Snap Inc

Snap Inc. is an American multinational technology and social media company. It is founded by  Evan Spiegel and Bobby Murphy and based in Venice, Los Angeles. Its products include Snapchat and Spectacles.
Snap Inc may be the highest profile tech IPO planned for 2017.

According to reports in May 2016, the company's estimated worth was said to be approaching $22 billion in the event of a new round of investment. Further reports in 2016 suggested that funding was almost at $3 billion.

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