Recent Posts

What Snap’s I.P.O. Filing Reveals About the Company

Snap, the parent of Snapchat, disclosed several important aspects of its business in its initial public offering document. The complete filing is here. Below are notable excerpts. Revenue and Profitability Our advertising business is still young but growing rapidly. For the year ended December 31, 2016, we recorded revenue of …

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

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, …

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