Snap poised to raise up to $3.2B from IPO at a valuation of $18.5B

18:50 16.02.2017
Snap, the parent company of Snapchat, has set a valuation range of $16.2 billion to $18.5 billion for its upcoming IPO. That’s according to an updated filing which revealed that Snap shares will be priced between $14-$16, meaning it could bring up to $3.2 billion in capital. Snap’s pricing is below its initial range of $20 billion-$25 billion — and below what it raised at… Read More...
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