It looks like Snap's (at least perceived) successful IPO has officially opened the window: Following Yext officially filing for an IPO this afternoon, identity management software company Okta just dr
Snap Inc., the parent of Snapchat, has been off to the races with its debut on the stock market. Yesterday, the stock closed at $24.48, a 44% gain from the IPO price of $17. And today it’s gone
Snap 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 percent gain for the select investors who bou
Snap Inc., the parent company of Snapchat, had a stellar first day in its public debut on the New York Stock Exchange, popping 44 percent. The company's market cap is being reported as $34 billion (fu
Snap, the parent company of Snapchat, had a great day in its debut on the New York Stock Exchange. After pricing the IPO at $17 per share yesterday, the stock opened at $24. It then closed the day a
Most of Snap's top products came from acquisitions, and now it will have the war chest to make more. Yet it didn't have to blow its momentum to collect this cash. After pricing its IPO at $17, above i
After months of hand-wringing, Snap's IPO has now set the stage for what people will be expecting for the future of its business. Snap's performance this morning is also setting the stage for what inv
It’s here! The much-anticipated Snap IPO is happening. They priced their IPO today at $17 per share, raising $3.4 billion and valuing the company at $24 billion. Like venture rounds, IPOs are f
Snap has given a final price for its IPO, setting the company’s valuation at nearly $24 billion with a price of $17 per share, according to a report by The Wall Street Journal. With that, it loo
When Snap prices its IPO after the closing bell today, it will be the first tech company to go public this year. It will also be the largest tech company to go public in the U.S. since Alibaba debuted
Snap will begin publicly trading tomorrow, which means that it will officially give a price for its shares in its initial public offering this evening. Originally setting a range between $14 and $16,
One of the remarkable things about the roadshow presentations for hotly-anticipated IPOs — where they’ll make a pitch to investors and answer questions — is that they are often unremarkable.
The short answer for why Snap lowballed its initial valuation for its initial public offering is that it probably won’t be that low for long. Normally these prices are set by expectations the u
Many things that used to be true primarily of the public market now happen within the world of private company investing, including the participation of mutual fund investors. Now, you can add equity
In addition to the $2 billion Snap committed to spending on Google cloud infrastructure over the next five years, the company also revealed today in an amended filing that it expects to spend $1 billi
Slowing growth, huge losses and no shareholder control could make Snap Inc.'s IPO a perilous gamble for investors. What it does have going for it is an addicted user base, fast-growing revenues and a
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 f
Most of today’s Snap coverage will be about its revenue and daily average usage numbers, but there was one small tidbit that emerged that will mean big business for the company’s cloud
Now that Snap is revealing its financial guts to the world in its filing for its initial public offering, we’re getting a small glimpse at how much the company is paying to acquire startups. As
Snapchat was flying high in early 2016, but the launch of direct competitor Instagram Stories coincided with a massive drop in how fast Snapchat was growing, judging by new stats in its IPO filing. Th
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