Billions of photos equals billions of dollars as Snapchat files for IPO04:33

  • 0
Published on March 2, 2017

Snap Inc., maker of the super-popular Snapchat app and those super hip Spectacle video sunglasses, has filed to take the company public in an IPO that is estimated at $25 to $30 billion. If things go as planned, the New York Times says that would make Snap Inc.’s IPO the third most valuable tech company IPO in history, right behind Alibaba and, of course, .

Not bad for a tech venture that started – and still works out of – a seaside bungalow in Venice Beach. So, when can you snap up some shares of Snapchat? Looks like March of next year, although no specific date has been announced.

SUBSCRIBE FOR THE LATEST VIDEOS

VISIT DIGITAL TRENDS

CHECK OUT OUR LATEST PODCAST

FOLLOW US!

Enjoyed this video?
"No Thanks. Please Close This Box!"