Snap IPO

Auto Added by WPeMatico

Did Snapchat leave money on the table?

snapchat-money2 Snapchat priced its IPO at $17 per share on Wednesday, raising $3.4 billion. Then it opened Thursday at $24 per share and closed at $24.48. That’s a 44% gain for the select investors who bought into the IPO.  And that gain looks great…for new investors. But it also means that Snapchat could have sold its shares for a higher price! If Snapchat priced its shares just a little higher… Read More

Powered by WPeMatico

CEO Evan Spiegel’s Snap ownership is worth about $3.5 billion

snapchat-ads Snapchat parent Snap Inc. has finally revealed its long-awaited IPO filing. The social messaging company, which plans to go public in early March, just shared details about its growth trajectory and financials.  And while we knew that Snap has raised at least $2.4 billion in capital from a long list of investors, we now know the ownership percentages. We also know the pre-IPO values of… Read More

Powered by WPeMatico