Snapchat is growing fast, which means that it will need more money... and it may be taking the steps it needs to bring in that extra cash. The Information's sources claim that Snapchat is talking to investment banks about the possibility of an initial public stock offering either in late 2016 or early 2017. It's not certain what share price Snapchat would set, but it reportedly wouldn't value its overall worth at significantly more than the $16 billion it does now.
Source: The Information
Snapchat considers offering public stock posted first on http://ift.tt/1tUdcCk
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