A High Valuation Awaits Snap IPO
Snapchat (otherwise known as Snap Inc.) has started preparing for its initial public offering (IPO) in 2017. The messaging app was in news recently when it launched its cool sunglasses, "Spectacles," that could record 10-second videos. However, talks of an IPO have been around for a while and now more piece of news arrives confirming that Snap may tap the equity market sooner rather than later.
Reports came in this week that Snapchat had picked its IPO bankers. The bankers Morgan Stanley and Goldman Sachs Group Inc.
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Snapchat (otherwise known as Snap Inc.) has started preparing for its initial public offering (IPO) in 2017. The messaging app was in news recently when it launched its cool sunglasses, "Spectacles," that could record 10-second videos. However, talks of an IPO have been around for a while and now more piece of news arrives confirming that Snap may tap the equity market sooner rather than later.
Reports came in this week that Snapchat had picked its IPO bankers. The bankers Morgan Stanley and Goldman Sachs Group Inc.
Den vollständigen Artikel lesen ...